Fredericton airport gets $3.8M from Ottawa to help offset pandemic losses - Action News
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New Brunswick

Fredericton airport gets $3.8M from Ottawa to help offset pandemic losses

The Fredericton International Airport is getting $3.8 million from the federal government to help offset $15 million in lost revenue it suffered as a result of the COVID-19 pandemic.
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The Fredericton International Airport Authority is getting $3.8 million from Ottawa to help it cover expenses in light of losses incurred because of the COVID-19 pandemic. (Submitted by Fredericton International Airport)

The Fredericton International Airport Authority Inc. is getting federal help to offset what itsays is a $15-million loss in revenue it suffered because ofthe COVID-19 pandemic.

Ottawa is giving the airport authority $3.8 million to help it maintain services and cover expenses in light of a severe drop in the number of flights going through the airport in the past year-and-a-half, said Johanne Gallant, president and CEO of the airport authority.

"So this will help with expenses, right. We've been using reservemoney and reserve money, that's the fund for safety capital projects, so that [$3.8 million] isalso helping preserve the reserve dollars and also help cover expenses with all the losses," Gallant said.

The Fredericton International Airport, along with others in the province, saw a drastic reduction in flight traffic due to restrictions ontravel caused by the COVID-19 pandemic.

Flights by Air Canada and WestJet, which both suspended services at the airport for months, have returned as of June with the easing of restrictions, but Gallant said traffic at the airport still isn't as high as it was before the pandemic.

"We have our carriers back and the frequency is not where it was pre-pandemic.However, as we continue, as people start traveling more, we're going to see more frequency. So definitely optimistic for the future."

Fredericton International Airport Authority president and CEO Johanne Gallant said the airport saw a 90 per cent drop in passenger traffic because of the COVID-19 pandemic. (Submitted by Fredericton International Airport)

Gallant said the airport authority had to lay off almost halfof its 28 direct employees as a result of the 90 per cent drop in traffic. In recent weeks, however, it's been able to rehire, with about 23 now back on the job, thanks in part to the federal Canada Emergency Wage Subsidy.

A news release by the Atlantic Canada Opportunities Agency said the "non-repayable contribution" of $3.8 million will allow the airport to maintain essential services and collaborate with carriers to continue or re-establish routes to the region, as well as sustain 16 jobs.

"I look forward to seeing the Fredericton International Airport thriving once again, bringing people from far and wide to enjoy all we have to offer here in the capital city," said Fredericton MP Jenica Atwin, in the release.