St. John’s International Airport (YYT/CYYT)

• Gateway to the province of Newfoundland & Labrador (80% of non-resident visitors enter the province through YYT).
• St. John’s… an Attractive City
  • “St. John’s is one of six Canadian cities (out of 50) that has the winning combination that migrants are looking for when deciding where to locate.”

    (Source: Conference Board of Canada, Jan 2010).

• A "Must See" Destination
  • Newfoundland & Labrador is recognized as a leader in Canadian tourism marketing industry, having won more than 100 regional, national and international awards for its Find Yourself Here marketing campaign (in March 2011, it was awarded the "Best Website" by the Canadian E-tourism Award – www.newfoundlandlabrador.com)
    
    TV Ads, Newfoundland & Labrador
  • The St. John's area and Newfoundland, as a whole, have received numerous accolades for its tourism product.
    • Fodor’s travel website recommends a visit to Newfoundland under a section entitled: “Where We’re Going in 2008: Seven Places Americans Have Yet to Discover”
    • A top 30 travel destination for 2008 by Lonely Planet
    • The Wall Street Journal suggests Newfoundland is among the top 10 emerging travel destinations in the world (February 2008 travel feature)
    • National Geographic Traveler rated the Avalon Peninsula as the #1 Coastal Destination in the world (November-December 2010)
  • In 2010, for the first time in Newfoundland & Labrador's history, the province recorded more than 500,000 non-resident visitors to the province. In fact, it received 518,000 visitors, a little more than the province's population!
  • The New York Times has included Newfoundland & Labrador's Fogo Island among a list of 41 "must-visit" travel destinations in 2011
• Record breaking Number of Tourists
  • In 2010, for the first time in Newfoundland & Labrador's history, the province recorded more than 500,000 non-resident visitors to the province. In fact, it received 518,000 visitors, a little more than the province's population!
  • St. John's had the 3rd highest hotel occupancy rate in Canada in 2010

• St. John’s… a Booming Economy
  • "St. John's saw the most growth in gross domestic product (GDP) of any Canadian census metropolitan area in 2010. The report credits gains in offshore oil production as well as growth in construction."

    (Conference Board of Canada, February 2011)

• The St. John's economy has received significant investment and experienced strong growth.
  • $30 Billion worth of capital projects are presently "on the books" for the province (this represents 52% of all the capital projects projected for the four Atlantic provinces).
  • Capital investment forecast to increase by 25% in 2011.
• Major projects are focused on the natural resources sector:
  • Nickel processing facility ($441 million)
  • Expansion of two offshore oil facilities (White Rose and Hibernia South)
  • Development of a new offshore oil field (Hebron) set to product first oil in 2017
  • Lower Churchill Hydro Development Project ($6.2 billion)
• "Growing global demand for commodities and strong capital investment will fuel Atlantic Canada's economy in 2011, with Newfoundland and Labrador once again leading the way in terms of growth" (RBC Economics, March 2011).
• Real GDP to increase by 5.4% in 2011.
• Newfoundland & Labrador is expected to have the second fastest growth rate in Canada behind the western Canadian province of Saskatchewan.
  • St. John's is the service centre for the province's lucrative oil & gas industry.
  • A 24-hour downtown airport with no noise restrictions
  • The most easterly airport in North America and the closest to continental Europe, making it a popular tech stop for aircraft flying over the Atlantic.

• Rebate towards eligible advertising and promotional campaigns supporting a new Newfoundland & Labrador air service.
• Minimum 1/ week year round (or in certain cases, seasonal) services.
• Payments of:
  • Year 1: 100% of eligible expenses to a maximum of $250,000.
  • Year 2: 75% of eligible expenses to a maximum of $250,000.
  • Year 3: 50% of eligible expenses to a maximum of $250,000.

• New Ramp Services Building (multi-tenant air cargo facility) will open late 2011 / early 2012.
• Due to the airport’s strategic location, YYT is a popular tech stop on transatlantic crossings.

St. John’s International Airport is located in the capital city of St. John’s, in Canada’s most easterly province, Newfoundland & Labrador, and is the most easterly airport in North America and the closest connecting point to/from continental Europe (Latitude: 47 34’N, Longitude: 52 41’W).

St. John’s is the most populous metropolitan area in this province and is the second largest Census Metropolitan Area (CMA) in the Atlantic Canadian Provinces. The St. John’s CMA is the fastest growing metropolitan area in Newfoundland & Labrador.

St. John’s International Airport is the gateway to the province of Newfoundland & Labrador, with 80% of non-resident visitors to this province travelling through this Airport. Conveniently located in the capital city of St. John’s, the airport is located less than 10 km from the downtown core and 1 km from the entrance to the Trans Canada Highway (the main highway system connecting the island). St. John’s has an extensive bus network as well as a number of car rental agencies and taxi cab operators. Six car rental agencies and a closed taxi cab stand operate from the St. John’s International Airport.

Infrastructure & Operations

• Runways: 3 runways
  • Runway 11/29: 8,500 feet
  • Runway 16/34: 7,000 feet
  • Runway 02/20: 5,000 feet
• Category 2 ILS (working to install Cat 3 ILS)
• Not slot coordinated
• 24-hour airport with no noise restrictions
• Terminals: Single terminal. The 175,000 sqft airport terminal building is from 2002 and has 8 aircraft gates. An expansion is planned for the next 5 years to accommodate significant growth in passenger traffic.
• Other relevant Infrastructure & Operations details
  • Consistently maintain Category 7 fire fighting capability (Category 8 available within 30 minutes with prior notice)
  • Customs can be made available 24 hrs/day
  • 3 Fixed Base Operators
  • 3 Ground Handlers

St John's International recently announced a ten-year, two-phased $150 million "capital plan" to expand the terminal's east wing and further improve its facilities.

Important infrastructure developments

• Although the Airport Terminal Building is new and modern, an expansion is planned to accommodate passenger growth (passenger growth has increased by over 85% since the airport was privatized in 1998 and is growing at a pace that is twice the national average).
• Largest central de-icing facility in Atlantic Canada

Vital statistics

• 2nd Largest airport in Atlantic Canada
• Gateway to the province of Newfoundland & Labrador (80% of non-resident visitors travel through YYT)
• Downtown airport with no noise restrictions
• YYT is the most easterly airport in North America making it a popular tech stop for aircraft flying over the Atlantic
• Passenger numbers
  • 85% increase in passenger volume since privatization in 1998.
  • Passenger growth has been twice the national growth rate.
  • >1.3 million passengers in 2010.
  • YYT was one of only 6 airports out of the Top 32 airports in Canada that experienced positive growth in 2009 and was the only airport in Canada where Air Canada (the country’s national carrier) did not decrease capacity.
  • 8% growth in passenger traffic in 2010.
• There are more than 80 departing and arriving flights to/from St. John’s on a daily basis direct to a number of destinations within Canada and into the USA and Europe.

• Seasonal service (leisure travel) to/from Orlando, Florida (MCO), Varadero, Cuba (VRO), Punta Cana, Dominican Republic (PUJ) and Cancun, Mexico (CUN) – (all destinations are serviced weekly during the Winter/ Spring).
• Freight: Scheduled domestic air freighter service provided by Cargojet, Prince Edward Air (regional affiliate of Cargojet), and Purolator (operated by Kelowna Flightcraft).
• Largest carrier: Air Canada

Financials

• Airport charges
• Annual report
• Economic Impact Study