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Turbulent financial times for Montreal’s Trudeau International Airport

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Travel restrictions and low passenger traffic have forced Montréal-Pierre Elliott Trudeau International Airport to drastically cut costs to survive the ongoing pandemic.

Federal travel restrictions allowing only essential travel have grounded the majority of flights. Usually, some 600 flights take off and land daily on the Dorval tarmac.

But since mid-March, that has been reduced to 50. Officials estimate the airport will lose $250 million in revenue for the 2020 year.

The drastic drop in passenger volume has had an impact on both airport improvement fee revenue and aeronautical revenue, the Aeroport de Montreal statement reads.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
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Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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