toronto’s global hub airport€¦ · 1. growth as a global hub airport 2. strong financial...
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Toronto’s Global Hub AirportSustaining Growth & Delivering Economic Benefits
Our Vision for Toronto Pearson
1. Growth as a global hub airport
2. Strong financial position
3. Good neighbor
To be the world’s best airport: Making a difference, connecting the world.
Toronto Pearson’s Flight Path
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1970s
Passengers in 1974:
10.5 Million
1990s
Passengers in 1994:
21 Million
2014
Passengers in 2014:
38.6 MillionNorth America’s:
13th busiest airport for total passengers2nd largest airport for international passengers
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Toronto Pearson’s Increasingly International Passenger Traffic
SOURCE: GTAA
30%
48%52%
Total - 15.7M
60%
Total - 39M
40%
1985 2014 203367%
Total - 64M
33%
30% Connecting
70% O&D
30% Connecting
70% O&DConnecting and O&D Not available
International
Domestic
Toronto Pearson - an Increasingly Important Global Hub Airport
Source: ACI statistics.
Airport Passenger traffic, 2014, Millions
London Heathrow
Charles de Gaulle
Singapore Change
Toronto Pearson International
8.6
2.3
2.3
5.5
8.4
2.9
John F. Kennedy International
Dubai International
City population (M), 2014
73.4
54.1
63.8
70.5
53.2
38.6
2.7Chicago O’Hare International 70.1
Total Traffic68.1
54.1
58.6
69.1
28.5
23.3
10.8
Toronto Pearson’s Economic Impact
277,000JOBS FACILITATED ACROSS ONTARIO
$35.4B5.6% OF THE ONTARIO GDP
Today
478,000JOBS FACILITATED ACROSS ONTARIO
$62.1B6.6% OF THE ONTARIO GDP
2030
What’s driving our growth? Regional Demand
Confidential - Not for Public Disclosure7
12.5M people within a 3-hour drive of Toronto Pearson
And also from the Mega-Region
150M people within a 90-minute flight of Toronto Pearson
Additional 50M people (total of 200M) within a 2-hour flight of Toronto Pearson
Toronto Pearson - 23.3M Int’l Passengers
JFK - 28.4M Int’l PassengersChicago O’Hare10.8M Int’l Passengers
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South-Central Ontario Regional Airports SystemAirports and Major Ground Transportation Corridors
Windsor
London
Waterloo
Hamilton
Kingston
Billy BishopToronto Pearson
Lake Simcoe Reg.
Oshawa
Peterborough
Niagara District
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SOURCE: C4SE Economic Model; GTAA data; regional airport data; McKinsey analysis
Ontario-level passenger forecast
Enplaned/Deplaned passengersMillions
1 Projection for Southern Ontario passenger traffic (excluding Ottawa) based on base case economic and population growth2 Estimated maximum regional capacity assuming no additional investment, except Pearson
Max capacity2Projected pox volume 1
0
10
20
30
40
50
60
70
80
90
100
20452040203520302025202020152010
Estimated capacity gap 2043: 24 million passengers
2014 pox: 42.2 million
Growth Continues Over the Next 30 Years
Paying down debt faster
Second year of rate freeze
Million$42.7
Net Income
Strong Financial Position
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We Continue to Grow Non-Aeronautical Revenue
$314M
$340M
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And Reducing Rates for Air Carriers to Keep Toronto Pearson Competitive
Toronto Community Investments
Arts for Children and Youth Welcome Mural
Engaged 50 children and young adults from:
Toronto in a revitalization project, transforming the
aesthetic of Terminal 3 through the production of
a large-scale 54 foot original public mural
composed of a series of painted and mosaic
panels.
Somali Community Association
Welcome Dinners
Partnered with the Association to
introduce newcomers to other community members, who have successfully settled
and effectively integrated into
Canadian society.
Arts Etobicoke’s Beats + Intentions
Program
In-depth training and employment program for youth in both the business and creative
side of the arts through workshops: • Budgeting
• Grant Writing• Publicity
• Marketing• Instruction for dance,
music, and performance
Playing For Keeps
Lead community partner on a program
that develops healthier, more active and better-connected
communities – through play.
Through the program, over 180 volunteer ambassadors have
been recruited to date
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Open and Timely Communications
OPEN HOUSE TO BE INSERTED
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An Environmental Leader
• First airport in North America to be ISO 14001 certified
• In 2014, diverted 70% of all in terminal public facing waste
• Founded North America’s largest eco-industrial zone: Partners in
Project Green engaging over 600 businesses in sustainability
•Recognized as a SaveON Energy Champion, saving 890,000 kilowatt
hours per year
•Recipient of Toronto and Region Conservation Authority 2014 Living
City Award for Sustainable Community
Strengthening Relationships
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New Retail/Food & Beverage
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Passenger Flow
Measuring againstinternational standards
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Groundside Infrastructure
Efficient connectionsto/from Toronto Pearson
Launching June 6Trains to depart Union Station and Pearson every 15 minutes
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Transit Use Today
5%Airport Passengers
17%Airport Employees
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The last mile…regional transportation plans must consider connectivity to Pearson
Proposed SmartTrack plan
Proposed GTA west corridor Regional Express Rail
Union Pearson Express
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Pan Am/Parapan Am Games
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Best in ClassCustomerService
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Toronto’s Global Hub AirportSustaining Growth & Delivering Economic Benefits
Questions