The GTAA has approved reductions to the connecting Airport Improvement Fee (AIF) and cargo aircraft landing fees for 2011. Additionally, aeronautical fees for passenger aircraft have been held in line with 2010 levels. These changes are being made to enhance Toronto Pearson’s competitive position.
The Airport Improvement Fee for passengers connecting through Toronto Pearson will decrease from $8 to $4, effective January 1, 2011. This is believed to be the first decrease to an AIF in Canada. Increased connecting traffic will allow Toronto Pearson to grow as a global hub, offering more choice to passengers as they move around the world.
The landing fees for cargo aircraft will be reduced by 4.3 per cent on January 1, 2011, which is the third reduction since January of 2010. Cargo fee reductions are being introduced to encourage growth and to support local businesses that depend on air cargo delivery.
This contrasts sharply with The Bahamas, where fees are set to rise sharply to help the government pay for improvements to the dilapidated airport.