GTAA reports 2020 annual results
TORONTO, CANADA - The Greater Toronto Airports Authority (“GTAA”) today reported its financial and operating results for the fiscal year ended December 31, 2020. Passenger activity decreased 73.6 per cent during 2020 as compared to 2019. This decrease is due to global aviation industry challenges, specifically the COVID-19 pandemic.
“Our full-year passenger and financial results make clear the impact that COVID-19 has had on Toronto Pearson,” said Deborah Flint, President and CEO, Greater Toronto Airports Authority. “While we have pushed toward leading hygiene practices, and advocated for a stronger approach to passenger testing, there is more that must be done with our government and aviation sector...