Ottawa International Airport Authority Revenue and Competitors

The Ottawa International Airport was opened in 1930 when the Canadian civil aviation industry was just beginning to take shape in the National Capital Region. \r\n\r\nIn February of 1997, Transport Canada transferred the facility to the newly formed Ottawa Macdonald-Cartier International Airport Authority (OMCIAA), an independent corporation without share capital which was created on January 1, 1995, under Part II of the Canada Corporations Act. The airport operates under an 80-year Ground Lease with the Federal Government (60 years plus a 20-year extension) until 2077. The Authority is governed by a 14-member Board of Directors representing the Ottawa and Gatineau business communities, major users of airport facilities and the travelling public.\r\n\r\nOn October 12, 2003, the new state-of-the-art, 650,000 square foot Passenger Terminal Building opened for business. It was expanded in 2008, with an additional 75,000 square feet and 12 gates for a total of 26 active gates. Built with the community in mind, the award-winning facility is open, filled with natural light, and intuitively easy to navigate. \r\n\r\nThe Ottawa Airport plays an essential role in the economic growth of the National Capital Region, servicing the needs of nearly five million travelers each year, and its operation injects more than $2.2 billion into the local economy annually.\r\n\r\nConnect with us:\r\nwww.Facebook.com/FlyYOW\r\nwww.Twitter.com//FlyYOW\r\nwww.Instagram.com/FlyYOW