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Winnipeg Airports Authority posts $14.9M profit for 2023

The Winnipeg Airports Authority turned a profit in 2023 as passenger numbers continued to bounce back following pandemic restrictions. ....

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'We're really turning the corner': WAA logs jump in revenue, net income – Winnipeg Free Press

Breaking News, Sports, Manitoba, Canada ....

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Shared Health board low on Westman representation

Shared Health has appointed its first permanent board of governors, but there is little representati. ....

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Winnipeg airport lost $40M in 2020 - Wings Magazine

Winnipeg airport lost $40M in 2020
April 30, 2021
April 30, 2021
Topics
The drop in passenger traffic at Richardson International in 2020 translated into a $73.5-million decrease in revenue. (Image: Winnipeg Airports Authority, YouTube)
The Winnipeg Airports Authority revealed a particularly grim outlook of its consolidated financial statements at its annual public meeting Thursday.
After a year marred by COVID-19, executive members from the airports authority said urgent support is needed from the federal government to save it. They outlined the many ways in which Ottawa has failed regional airports like Winnipeg’s.
Nicole Stefaniuk, vice-president of finance and administration, said 2020 was the worst year in the local airport’s history mostly because passengers typically make up about 90 per cent of airport revenue and because almost 80 per cent of costs are fixed, such as utilities, personnel employment and taxes). ....

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