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NAV CANADA reports first quarter financial performance


NAV CANADA has announced its financial highlights for the three months ended 30-Nov-08, the first quarter of the air navigation service provider’s (ANSP) financial year. It recorded revenue (before rate stabilisation) of CAD296 million in quarter, compared to CAD300 million for the previous comparable period. The lower revenues were primarily due to a 2.2% year-on-year decrease in traffic volumes (as measured by weighted charging units). [652 words]

Unlock the following content in this report:


  • Outlook
  • Strong start to 2008 blunted by 2H08 downturn be sustained

Graphs and data:

  • NAV CANADA 1QFY08/09 traffic
  • NAV CANADA rate changes vs Canadian CPI
  • NAV CANADA traffic (weighted charging units): 2008
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