YEG: A growing force to be reckoned with
It may not immediately strike a chord with many people, but the northern city of Edmonton in Canada’s western province of Alberta has been quietly growing its economy, based largely, but not exclusively on the oil and gas industry and this has been a windfall for the airport’s cargo group which is celebrating fi ve years of uninterrupted growth. By Donald Urquhart.
November 10, 2014
By Donald Urquhart
A lot is happening at Edmonton international Airport (YEG) in the fourth quarter this year,” says the airport’s IAP director, air service development, Norm Richard. Amongst the ‘happenings’ at the airport is the fact it will mark five consecutive years of cargo growth which totals up to about 24 per cent average growth over that period of time. Needless to say Richard and his colleagues are “very pleased with that” and certainly it helps fuel continued investment in infrastructure at the airport.
In terms of Canadian airports we’re probably fourth or fifth place coming in on the 50,000 tonnes per year mark and on a global scale of course, the airport is under no delusions as to its diminutive stature. “So we don’t consider ourselves in that league, but we do consider ourselves a growing force to be reckoned with in Western Canada.”
There are significant opportunities for further growth notes Richard, not least of all because “we have a significant leakage problem from our catchment area,” where he estimates that as much as 70 per cent is going by truck into the US – Chicago, Huntsville, Houston, LAX, and even Miami. “South America is the fastest growing trade partner of Alberta,” he notes while acknowledging the issues at hand.