Momberger Airport Information
29 April 2024
The Greater Toronto Airports Authority (GTAA) has unveiled a comprehensive, multibillion-dollar initiative named Pearson LIFT, aimed at revamping Toronto Pearson Airport (Ontario, Canada). This extensive, decade-long investment plan is designed to modernise and enhance the airport’s infrastructure and facilities, which have become outdated. The plan's first phase is already underway, focusing on basic infrastructure improvements like high-speed taxi lanes, updated airfield electric lighting and control systems, and interim terminal facilities.
Additionally, the plan includes advancements in power generation to support the airport's goal of achieving net-zero emissions. Pearson LIFT is a response to the anticipated growth in passenger numbers, projected to rise from 45 million in 2023 to about 65 million annually by the early 2030s, 20 million passengers more than in 2023. This growth necessitates substantial upgrades to prevent the challenges of recent years, including significant delays, from recurring. The GTAA is also considering moderate increases in the Airport Improvement Fee to fund these upgrades, which are expected to generate significant economic benefits, strengthen the supply chain, and create jobs in the Greater Toronto Area (GTA). #1216.14
