ULCC to bring low fare air travel to 18 cities by August, filling voids left by legacy carriers and ensuring affordable travel options are available for Canadians
Saint John Airport President and CEO Derrick Stanford. (staff photo)
Atlantic Canada’s Airports lost more than six million passengers in 2020 and $140-million in revenue.
After all the cost-cutting measures, there was a net loss of over $80-million
Speaking to the House of Commons Transport Committee last week, Derrick Stanford, Saint John Airport CEO, said the unemployment rate in Atlantic Canada in the airline sector is now over 50 per cent.
“2021 is not looking much better. We are down from over 140 routes to just 29 with only nine of those connecting us to the rest of Canada,” Stanford said.
Stanford said the recovery line for the re-start of travel is getting further out of reach while their financial losses grow.