Airport eager to see continued revenue growth
Folks at Red Deer Regional Airport shared with city council on Monday their excitement about the year that was and what’s still to come.
Executive Director Graham Ingham told council that 2020 saw a 5.19 per cent increase in revenue year over year, while numbers are so far up in 2021 just over seven per cent.
The increase last year can be attributed to Tucana Aviation coming on board and improved ability to capture revenue. There are also no bad debts resulting from COVID-19.
“That’s really a testament to the types of businesses that are using Red Deer Regional Airport, such as Air Spray, Buffalo Airways which has doubled in size in the last four years, we’ve got Montair, Skywings Aviation and Tucana,” Ingham said. “It’s a good bunch of stable businesses, and although some are hurting a little bit from COVID, it’s not as bad as it could be and that’s very encouraging.”


