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9-May-2012 12:06 PM

Ottawa International Airport profit before depreciation up 59% in 2011

Canada’s Ottawa International Airport released (08-May-2012) its 2011 Annual Report with the following financial and operational highlights:

  • Revenue: CAD103.1 million (USD104.3 million), +15% year-on-year;
    • Airport improvement fees: CAD37.7 million (USD38.2 million), +33%;
    • Terminal fees and loading bridge charges: CAD23.7 million (USD24.0 million), +8%;
    • Landing fees: CAD11.4 million (USD11.6 million), +8%;
    • Concessions: CAD10.0 million (USD10.1 million), +3%;
    • Car parking: CAD11.9 million (USD12.0 million), +5%;
  • Profit before depreciation: CAD27.9 million (USD28.2 million), +59.4%;
  • Net profit: CAD5.7 million (USD5.8 million), compared to a loss of CAD4.0 million (USD4.0 million) in p-c-p;
  • Total assets: CAD414.0 million (USD418.9 million), +1.5%;
  • Total long-term debt: CAD344.8 million (USD348.9 million), -0.7%;
  • Capital expenditure: CAD27.1 million (USD27.4 million), -14.9%;
  • Passenger numbers: 4.6 million, +3.4%;
    • Domestic: 3.4 million, +3.8%;
    • Transborder: 750,486, +3.4%;
    • International: 444,830, stable;
  • Passenger traffic forecast:

*Based on the average conversion rate at USD1 = CAD0.9883

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