Managing Airports Today

Aug. 8, 2003

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Garth Atkinson, president of the Calgary Airport Authority, speaking to the Calgary Chamber of Commerce ...

"At Calgary, we will have paid $250 million in federal rent by 2005. Our 2003 payment of $23.4 million represents an astonishing 36 percent of our direct operating costs. But the worst is yet to come.

"Without a change to the Federal Rent Policy, federal rent at Calgary will increase 100 percent or more in 2006 to well over $50 million per year.

"The current rent regime is clearly a disaster in progress and all stakeholders in the aviation industry have called on the federal government for an immediate moratorium..."