Initiative looks to increase aviation capacity to meet rising demand
May 16, 2017
TORONTO—Toronto Pearson joined ten other airports from the region today to launch the Southern Ontario Airport Network (SOAN), an initiative taking aim at increasing aviation capacity to ensure rising demand is met. At the event hosted by Lake Simcoe Regional Airport, the Greater Toronto Airports Authority CEO, Howard Eng, delivered a keynote speech, outlining how the region can facilitate 110 million passengers annually by 2043.
Among the short, medium and long term goals of the SOAN are:
“Toronto Pearson has experienced substantial growth in demand for air travel. In 2016, we reported eight percent growth in passenger numbers over the previous year, the largest growth year-over-year in the history of the airport. This growth is forecasted to continue over the next three decades presenting tremendous opportunity, not only for Toronto Pearson but for the region as a whole,” said Howard Eng, president and CEO, Greater Toronto Airports Authority.
With plans to become a mega hub airport, Toronto Pearson will play a specific role as a member of SOAN, attracting and accommodating a greater number of international routes and passengers. By 2035, Toronto Pearson aims to serve 80 million passengers annually, facilitate 700,000 jobs in the airport employment zone, connect Canada to 80 percent of the world’s economy and account for 8.5 per cent of Ontario’s GDP.
The Southern Ontario airports will benefit from the increased economic opportunity and air travel demand facilitated by the mega hub. Each airport will play a role in increasing their capacity using local demand drivers as well as open and transparent conversations with their communities.
SOAN is comprised of Billy Bishop Toronto City Airport, Hamilton John C. Munro International Airport, Kingston/Norman Rogers Airport, Lake Simcoe Regional Airport, London International Airport, Oshawa Executive Airport, Niagara District Airport, Peterborough Airport, Region of Waterloo Airport, Toronto Pearson International Airport and Windsor International Airport.
In addition to publicly launching, the Southern Ontario Airport Network also released their statement of intent, titled Flying Together: The Southern Ontario Airport Network. The paper details the vision of the group and their long and short term priorities.
Greater Toronto Airports Authority (GTAA) is the operator of Toronto Pearson International Airport. Toronto Pearson is focused on becoming the best airport in the world; enhancing the passenger experience, safety, security, supports the success of our airline partners. With more than 44 million passengers in 2016, Toronto Pearson is Canada’s largest airport and second busiest North American international airport.