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Canadian airports to cut back on rents

Ottawa, Canada - The Federal Government's decision aims to reduce management costs and revitalize air sector

Canadian Transport Minister, Jean Lapierre, has decided to cut airport rent costs: his plan provides for 60 per cent reduction which will affect 21 federal air stations. The measure is aimed to relieve operating charges for airport authorities and reduce air fares. Discount on airport rents will be gradual and reveal its effects within 2010 when airport authorities would save about USD 350m. Canadian...

AVIONEWS - World Aeronautical Press Agency - 120162
Rome, Italy, 05/10/2005 13:57
AVIONEWS - World Aeronautical Press Agency

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