Aéroports de Montréal (ADM) is recovering after two turbulent years. A sign that the recovery was emerging was that four million travelers visited Montréal-Trudeau in the second quarter, a period marked by chaotic scenes at airports across the country.
Updated yesterday at 4:19pm.
The catch-up is not over yet, but the trend is encouraging for Montreal-Trudeau, which took stock on Tuesday of the second quarter ended June 30. From April to June, passenger traffic was 80% of pre-pandemic levels. Increases in traffic were recorded every month.
“We are very pleased to be able to welcome numerous passengers again […] while the results bring us ever closer to the data recorded in 2019,” ADM President and CEO Philippe Rainville said in a press release on Tuesday.
With the easing of hygiene measures, the international sector in particular has recovered. In this category, traffic reached 84% of its 2019 level, before the onset of COVID-19.
Better days ahead
Lack of baggage management, seemingly endless queues, missed or canceled connecting flights… The recovery has tested travelers’ patience. Montréal-Trudeau has not escaped the airport chaos. Without going into specifics, ADM claims travelers can expect better days.
“This meteoric rise [du trafic], combined with a known major labor shortage, caused its share of challenges in the month of June, Mr. Rainville confirmed. ADM remains optimistic that the measures proposed by the industry will allow airports nationally and internationally to return to some balance in the coming weeks. »
By the end of June, Air Canada had decided to cancel more than 150 flights a day. For its part, the federal government has promised more staffing at Canadian airports, particularly among the officers responsible for screening travelers prior to boarding. It remains to be seen whether this will be enough to relieve airports.
A return to the green and some work to do
With the return of travelers, ADM more than doubled its revenue to $158 million in the second quarter. The operator of Montreal-Trudeau and Mirabel airports posted a surplus of 11 million compared to a loss of 24 million in the second quarter of 2021.
Despite an encouraging second quarter, ADM hasn’t quite turned the page on the pandemic. After six months, the non-profit organization reported a deficit of 24 million. This result is more encouraging compared to the deficit of 158 million at the end of the first half of last year.
As for passenger traffic in Montréal-Trudeau, volume after the first six months of the year was 64% of pre-health crisis levels. In 2019, passenger traffic was 20.3 million people.