Greater Toronto Airports Authority Explained

Greater Toronto Airports Authority
Type:Non-profit organization
Foundation:December 2, 1996[1]
Location:Toronto Pearson International Airport
Mississauga, Ontario
Key People:Deborah Flint, CEO and President
Industry:Air Transport
Products:Airport operations and services
Revenue:$1.1 billion CAD[2]
Num Employees:1104
Homepage:https://www.torontopearson.com/en

The Greater Toronto Airports Authority (GTAA; French: Autorité aéroportuaire du Grand Toronto) is a Canadian non-profit organization that operates Toronto Pearson International Airport in Mississauga, Ontario, Canada. The airport is Canada's largest, that handled 49.5 million passengers in 2018.[3] The headquarters of the GTAA are at 6301 Silver Dart Drive.[4]

The GTAA was formed in 1996 by the Government of Canada, which was divesting its direct control of airports across the country to similar operating agencies. Previously, Pearson was operated directly by a ministry of the Government of Canada. Its mission is to operate the airport in a self-sufficient fashion. It receives its revenues from landing fees on airlines, departure fees on passengers, parking revenues and facility rentals. The revenues are used for operating and capital expenses. The GTAA completed a billion redevelopment of Toronto Pearson from 1998 to 2008 to enable the airport to handle increases in traffic into the future.[5]

A second international airport for Toronto was proposed since the 1970s with a planned location in Pickering and would have been under the ownership of the GTAA. However, the proposal had never advanced to construction phase.

See also

References

  1. Web site: Airport Development Program . 2007. dead . https://web.archive.org/web/20070518195543/http://www.gtaa.com/en/gtaa_corporate/development_program/ . Greater Toronto Airports Authority . May 18, 2007.
  2. Web site: GTAA Reports 2006 Results . Greater Toronto Airports Authority . dead . March 10, 2007 . https://web.archive.org/web/20070310191423/http://www.gtaa.com/en/news/travel_advisories/details/fc48c740-e5ee-49e9-aeea-61803d4aeac2.
  3. Web site: Toronto Pearson (Enplaned + Deplaned) Passenger 2014-2018 . Torontopearson.com . https://web.archive.org/web/20180628233739/https://www.torontopearson.com/uploadedFiles/GTAA/Content/About_GTAA/Statistics/2018_January_Passenger_Summary.pdf . June 28, 2018 . dead.
  4. Web site: Contact Us . Greater Toronto Airports Authority. September 18, 2022.
  5. http://www.airport-technology.com/projects/toronto/ Toronto Pearson International Airport (YYZ/CYYZ), Canada