CALGARY – The Calgary Airport Authority released its 2021 annual report today at its annual general meeting. The report showcases actions The Authority has taken to effectively navigate the ongoing challenges of the pandemic and to prepare for the anticipated rebound in passenger travel.

“In 2021, we showcased our resilience and creativity to respond to the challenges and opportunities we faced while keeping guest experience at the forefront of all our decisions,” said Bob Sartor, President and CEO of The Calgary Airport Authority. “Our people, our strategy, and the partnerships we’ve developed with stakeholders are paving the way for our recovery.”

2021 Report Highlights:

• YYC Calgary International Airport saw 6.3 million guests, an 11 per cent increase from 2020 but still significantly down from 18 million in 2019.
• In a historic move, The Authority restructured its debt to achieve the certainty needed to fund operations and plan growth strategically.
• Cargo landings increased by 12 per cent in 2021- on top of an 11 per cent increase in 2020 - to further strengthen YYC’s crucial role in the region’s supply chain.
• The Authority secured $57.5 million from the federal government for a major runway rehabilitation project that will create up to 300 jobs for Albertans over the next three years and ensure the airport can meet the demands of passenger and cargo traffic for the next 40 years.
• Safety remained a priority and The Authority once again received international accreditation for our #FlyHealthyYYC program.
• The Authority is forecasting between 10-13 million guests in 2022, moving closer to the pre-pandemic levels, as airlines announce new routes and schedules.

“As I wrap up my time here as CEO, I am confident that The Calgary Airport Authority has the governance, strategy, and people in place to remain a significant contributor to the City, the region, and the community,” concluded Sartor.

ABOUT THE CALGARY AIRPORT AUTHORITY

The Calgary Airport Authority is a not-for-profit organization incorporated under the Regional Airports Authorities Act of Alberta. The Authority is responsible for the management, operation and development of YYC Calgary International Airport (YYC) and Springbank Airport (YBW). The Authority’s commitment to safety remains a top priority and our #FlyHealthyYYC program has received the Airport Health Accreditation by Airports Council International. Our airports are important economic generators for the city, region and province, supporting thousands of jobs and generating billions in GDP through associated economic activity. The Authority was also recognized as one of Alberta’s Top Employers for 2021.

This news release contains certain forward-looking statements about our current expectations, estimates and projections about the future, based on certain assumptions made by us in light of our experience and perception of historical trends. Although The Authority believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements as actual results may differ materially from those expressed or implied.

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