BEC / NOV / 2017 - page 85

CEO when the airport’s Board of Directors
wanted to grow and expand the airports
capacity and business. Today, the airport
remains competitive in the market, bring-
ing in approximately $13 million annually.
Seabrook adds the airport uses zero sub-
sidies, pays taxes, and is a profitable busi-
ness.
“Canada has a user-pay system, which is
a lot more expensive in terms of operat-
ing costs than our American counterparts,”
says Seabrook. “That results in higher
costs for the consumer, which drives peo-
ple to the U.S.We have done a lot of things
to try to counter this, but you can only do
so much without regulatory change.”
The London International Airport is a busy
port by many definitions, and continues to
benefit of the rest of London. It services
525,000 passengers a year on flights from
Air Canada, WestJet, Encore, Sunwing, Air
Transat and Celebrity Cruise. It also boasts
a healthy general aviation sector and is, no-
tably, in partnership with Western Univer-
sity’s Commercial Aviation Management
Program, and the Norton Wolf School of
NOVEMBER 2017
H
business elite canada 85
1...,75,76,77,78,79,80,81,82,83,84 86,87,88,89,90,91,92,93,94,95,...122
Powered by FlippingBook