TTW
09 August 2024
The Greater Toronto Airports Authority (GTAA) has announced its financial and operating results for the second quarter (Q2) and the first half (H1) of 2024, highlighting strong travel demand and significant passenger growth. Passenger activity at Toronto Pearson Airport increased by 0.3 million, or 3.5%, in Q2 2024, rising from 11.4 million to 11.7 million when compared to the same period in 2023. For H1 2024, passenger numbers grew by 1.3 million, or 6.2%, from 21.3 million to 22.6 million compared to H1 2023. This growth was primarily driven by a 10.2% increase in international travel.
Toronto Pearson is undertaking several key programs and initiatives to accommodate increased travel demand while maintaining and improving customer experience. These initiatives include airside pavement restoration, new baggage-handling infrastructure, border modernization projects, fleet equipment revitalization, and the installation of international customs arrival kiosks. These projects aim to revitalize aging assets and support the growing number of passengers.
