Year-over-year passenger activity and net income increased substantially at Toronto Pearson International Airport during the first half of 2017, increasing 7.4 per cent and 58.4 per cent respectively.
The Greater Toronto Airports Authority cited increased frequencies on existing routes and aircraft capacity and the economic strength of the Greater Toronto Region.
In 2017, Toronto Pearson experienced the strongest ever first half year-over-year increase in the number of international passengers. During the six-month period ended June 30, 2017, a total of 22.4 million passengers travelled through Toronto Pearson. Passenger activity in the international sector increased by 1.3 million passengers reflecting 9.6 per cent growth and the domestic sector increased by 274,000 passengers reflecting 3.6 per cent growth, over the same period in 2016.
During the three-month period ended June 30, 2017, 11.7 million passengers travelled through the Airport, representing an increase of 793,000 passengers or 7.3 per cent, as compared to the same period in 2016. In addition, aircraft movements only increased by 0.7 per cent to 114,900 and 1.7 per cent to 224,200 for the three- and six-month periods ended June 30, 2017, respectively, when compared to the same periods in 2016, due to the airlines having upgraded their fleet to larger aircraft.