NAV CANADA: Steady recovery in air traffic volumes

NAV CANADA president & CEO John Crichton reported (24-Oct-2014) the ANSP has seen a "steady recovery of air traffic volumes throughout the fiscal year" with modest growth every month since 3QFY2013. During FY2014, the ANSP achieved positive free cash flow and a "strong financial performance", with a positive balance of CAD76 million (USD67.6 million) in its rate stabilisation account. [more - original PR]