Chowda7
Active Member

Telus to Equip Calgary Airport With a 5G Private Wireless Network
Telus has signed a 10-year partnership with Calgary Airport Authority to set up a high-performance 5G private wireless network.

From the article...![]()
Varcoe: WestJet deal with global aviation giant to spur new engine repair facility — puts Calgary hub 'on the map'
WestJet and Lufthansa Technik announce a commercial agreement that will see a new aircraft engine maintenance facility built in Calgary.calgaryherald.com
Given this facility will cost about $120 million, that leaves another $50 million for other projects. I wonder if that's from the past funding for the West runway rehabilitation that's ongoing, or for something else new like the single domestic security discussed earlier in the thread.Additionally, the Canada Infrastructure Bank is committing $172 million, providing co-financing to the authority for several projects, including this development.
The Calgary Airport Authority is overseeing the planning and development of the new repair facility. The authority’s president and CEO said the facility will cost about $120 million dollars and is the first of four projects to be announced, which are set to total $300 million.
Probably likely if the tariff threat continues, unfortunately. I imagine it would impact all 4 of Canada's big airports considerably.Another tidbit of information from this CTV article:
WestJet sees 25 per cent drop in passengers wanting to fly to U.S. since tariff talk started: CEO
So sounds like there are 3 more projects the airport plans to announce soon.
Also, I'm guessing from the article, that if this tariff/annexation threat continues, transborder passenger numbers could drop significantly, unlikely we see another record year this year if that trend continues IMO.
I thought the airport had a lot of debt... Another 180M in projects to come is interesting.Another tidbit of information from this CTV article:
WestJet sees 25 per cent drop in passengers wanting to fly to U.S. since tariff talk started: CEO
So sounds like there are 3 more projects the airport plans to announce soon.
Also, I'm guessing from the article, that if this tariff/annexation threat continues, transborder passenger numbers could drop significantly, unlikely we see another record year this year if that trend continues IMO.
There is always this, personally I don't fly to the states so more international routes sounds great.On the bright side, if WestJet finds itself reducing flights to some US destinations, perhaps it'll open up opportunities for more international routes?
Debt isn't a bad thing as long as you have the revenue stream on the other side.I thought the airport had a lot of debt... Another 180M in projects to come is interesting.
True, I assume these coming investments maybe are not the sexy things but things on the logistics side like this announcement. I mean does the airport have to put anything towards the airport rail line? Maybe the 180 is for the rail line stop at the airport?Debt isn't a bad thing as long as you have the revenue stream on the other side.
I heard yes, but that was a number of years ago. $100 from the airport, $100 from Transport Canada. Which is partly offsetting the difficulty of an entity building and borrowing for something on federal land.I mean does the airport have to put anything towards the airport rail line?
Should get a full report on the airport rail soon (end of Q1 is what the city website says). Only money mentioned in the briefing was the money for the study.I heard yes, but that was a number of years ago. $100 from the airport, $100 from Transport Canada. Which is partly offsetting the difficulty of an entity building and borrowing for something on federal land.
Until the thing is final, no further commitments. The province is the one dragging. In 2021 they proposed to switch the entire financing model on its head, by requiring the asset transfer to public ownership at the end of the project term. So instead of the planning and financing going simultaneous, they started making excuses of one for delay on the other. But yes, finally moving.Should get a full report on the airport rail soon (end of Q1 is what the city website says). Only money mentioned in the briefing was the money for the study.