Airport has best year ever but expecting slowdown in 2016

News Release – For Immediate Release

Airport has best year ever but expecting slowdown in 2016
January 11, 2016 Deer Lake, NL The Deer Lake Regional Airport has recorded it’s highest ever traffic levels with 341,072 passengers recorded in 2015, a modest increase of 1.3% over the previous record set in 2014.

bestyear
The year was marked by healthy traffic increases in the first nine months due, in large part, to new routes and services by Sunwing and WestJet Encore, and additional capacity by Air Canada and Provincial Airlines. Combined with these enhancements and a very strong tourism season the airport set new monthly traffic records in July, August and September. However, the last quarter of the year experienced a decline in overall traffic as commuting workers to Northern Alberta were impacted by low oil prices and a general slowdown in the economy.

Walter Dominie, Chair of the Airport Authority, was pleased with the past year but suggested 2016 will present some challenges. “We are pleased with last year’s results but in the past few months we have experienced a downward trend in air travel due to a weak resource based economy and the impact it is having on commuting workers”, said Dominie.

The Airport CEO, Jamie Schwartz, also acknowledged an anticipated slowdown. “While there will be some increased demand for travel due to the low dollar, particularly in the tourism industry, we are forecasting a slower than normal year”, said Schwartz. “However, we do not expect that it will significantly impact our extensive services or our operation”, added Schwartz.
The Deer Lake Regional Airport provides regular or seasonal domestic and charter passenger services with several airlines including Air Canada, Air Canada Express, Provincial Airlines, Sunwing, WestJet and WestJet Encore.
Contact:
Jamie Schwartz, President & CEO
Deer Lake Regional Airport Authority
1 Airport Road, Suite 1
Deer Lake, NL A8A 1A
Telephone: 709-635-3601

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