12-05-2021, 07:44 PM
(12-05-2021, 07:14 PM)danbrotherston Wrote:(12-05-2021, 11:00 AM)panamaniac Wrote: Yes, it is a risk. But think of the rewards - just $49 to fly to Deer Lake, Nfld!
That isn't really the "reward" we are aiming for. The "reward" we are looking for is a higher profile airport, which helps grow our economy.
From https://www.therecord.com/news/waterloo-...rport.html
Quote:If flights increase as predicted, the subsidy that regional taxpayers give the airport each year will be slashed.
The subsidy, which was $20 per household this year, would shrink to $6 per household, the smallest subsidy in at least two decades.
That's also a pretty strong reason to get airport flights up. Most Canadian airports are self-sustaining, but due to the high fixed costs it's been a struggle for YKF to break even.
I've thought for a while that our worst case scenario is a slow steady bleed from the regional budget for one flight a day. Either it should be large enough to be self-sustaining, or it's probably time to end commercial service.