Winnipeg Airports Authority Inc. - 2009 - Third Quarter Results
"Having anticipated declines in traffic, initiatives were undertaken earlier this year to mitigate changes in market conditions," said
Consolidated revenues were
Earnings before interest, income taxes and amortization (EBITDA) increased to
Revenue diversification initiatives include projects such as; - Standard Aero's recently completed CF34 engine overhaul facility and subsequent expansion of facilities to include overhaul of larger turbofan engines (WestJet fleet contract). - The opening of Canada's first intermodal bus/air facility - Ongoing construction of Canada Post's new state-of-the-art sortation facility - Lakeview Properties (Sheraton Four Points) expansion and new Winnipeg Airport Grand Hotel (Winnipeg's first 5 star hotel) - Providing additional day time cargo capacity to meet the needs of supply chain participants
For further information: Christine Alongi, Director, Communications and Public Affairs, Winnipeg Airports Authority Inc, Phone: (204) 987-2021, 24 Hour Media Line: (204) 992-2791, www.waa.ca
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