(06-19-2025, 07:25 PM)SammyOES Wrote:(06-19-2025, 06:30 PM)bravado Wrote: Do we know a forecast for passenger volumes out of the airport with Flair stuck in limbo? It seems like we've spent a lot of public money to support an investment that doesn't really benefit too many locals...
I couldn’t find good numbers for how much money the region supports the airport (particularly operating + capital combined) but this is the benefit:
Quote:Key findings of the report show that YKFs total 2023 annual operations generated:
$390 million in total economic output
1,360 jobs and $100 million in wages, including 660 jobs at YKF
$170 million in Gross Domestic Product (GDP)
$28 million in tax revenue (local, provincial and federal)
So not sure I’d say it doesn’t benefit too many locals.
Without Flair, will the 2025 + beyond figures compare well or poorly against those 2023 numbers? How much does/did the Region spend in capital and ongoing improvements to support those figures from 2023?
I just have a (totally uninformed) hunch that the airport is a big hog of local government time + resources and seems to get no pushback about it, unlike other public services that have to constantly beg and defend their existence but can provide much bigger proportional returns to the public.
local cambridge weirdo