June 19, 2008
Toronto Airport Slashes Cargo Fees
Cargo landing fees at Toronto's Lester B. Pearson International Airport will be cut by 25 percent on Jan. 1, the facility's operator announced Thursday.
The Greater Toronto Airports Authority said in a statement the goal was to enhance competitiveness with other airports in the region and to decrease truck traffic.
There were no plans to lower passenger landing fees, the authority said.
Both passenger and cargo planes pay $34 per ton to land at Pearson and the cut will set the cargo rate at $25.50 per ton, The Financial Post said. Some 45 miles west at Hamilton International Airport, it costs about $10.61 a ton for both passenger and cargo planes, the Post said.
About 5 percent of Toronto's traffic consists of cargo flights, which is more than 45 percent of Canada's air cargo, authority said.