Transportation Industry
Toronto Terminal opens.(Toronto-Pearson International)(Brief Article)
Airports International, May, 2004
Toronto-Pearson International has opened its new C$3.6 billion ($2.7b) 42-gate Terminal 1, despite the fact that the future of its biggest user, Air Canada, is still very uncertain.
Greater Toronto Airports Authority CEO Louis Turpen said: "The vision of a new Toronto Pearson is now reality. This expansion will generate significant economic benefits for Ontario and play a vital role in Toronto's economic recovery from recent challenges." In 2003 the airport handled 24.7 million passengers.
Although Air Canada welcomed the new terminal, IATA has led a chorus of protests from other users over increased airline charges to help pay for it. IATA boss Giovanni Bisignani said: "The GTAA is out of touch with the industry. Instead of building a gateway to North...
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