Greater Moncton Roméo LeBlanc International Airport: 2022 Results Beyond our Expectations

Greater Moncton (NB), May 12, 2023 – The Greater Moncton International Airport Authority Inc. (GMIAA) held its Annual General Meeting today. The news is good for the Airport; the 2022 results exceeded expectations that signal recovery from the pandemic impacts on travel are well underway. The passenger volumes at the Greater Moncton Roméo LeBlanc International Airport (YQM) more than doubled, going from 177,040 in 2021 to 468,841 in 2022. With the increased demand for travel, the airport was able to increase aircraft and airport revenue by 53% from 2021. The Board of Directors of the Greater Moncton International Airport Authority Inc. are pleased with this rebound and are optimistic for the coming year.

“Though the past years have hit us hard, I am proud to say that we have made a strong recovery in 2022. We are confident that this growth will continue and accelerate in 2023 and subsequent years. ,” said the Chair of the Board of Directors, Mr. Luc Elsliger. “The lifting of the restrictions has had a positive effect on our results. The hard work of our employees and the support of our customers and partners have also had a significant impact.”

Domestic cargo service was up by 7% compared to 2021. However, there were COVID 19 restrictions in place in some international markets in 2022 which impacted international cargo activity. In total, there was a 1% decrease in cargo volume compared to 2021, with 20,500 metric tons shipped from YQM in 2022. This suggests that 2023 will be an excellent year for international cargo services as most restrictions are lifted and live lobster exports have resumed.

Courtney Burns became President and CEO of the Greater Moncton International Airport Authority Inc. in May 2022. Under her stewardship, the leadership team has also been partially renewed and several new services have been added.

Swoop Airlines was added to the growing list of carriers serving YQM and Porter began offering a non-stop flight to downtown Toronto. Bistro Altitude on the 2nd floor reopened and in addition to Tim Hortons, the airport is now served by Aaron’s Coffee House, a local coffee shop featuring Down East Coffee products.

Many projects were executed during the year with contributions from the Government of Canada through various Transport Canada programs. These include:
• Runway end safety areas
• Aircraft rescue and firefighting vehicle
• Snowblower
• Airfield electrification projects • Cargo road connecting Entrepôt Froid Xtreme Cold Storage Ltd. to the airfield

“There are many signs that the local economy is recovering, and our passenger volumes are growing again. With this growth comes opportunity. I look forward to seeing what the future has in store for YQM and assure you that the YQM team is ready to embrace every opportunity,” concluded Courtney Burns.

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About the Greater Moncton Romeo- LeBlanc International Airport (YQM)

YQM is a state-of-the-art airport, the largest in the Central Maritimes. 24/7/365 – everyone associated with the airport strives to provide the highest quality of service to travellers and cargo companies alike, through safe, convenient, efficient, bilingual and professional services.

YQM also strives to maximize its contribution to local and regional economic and community development. Its annual economic activity represents more than $665 million, making it one of the most important private sector players in the New Brunswick economy.

Your economy. Your airport.

For more information:

Courtney Burns
President and CEO
T: (506) 856-5436
M: (506) 875-9805
cburns@cyqm.ca