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Region of Waterloo International Airport - YKF
Forwarded on behalf of the Southern Ontario Airport Network (SOAN)
NOTE:  The Region of Waterloo International Airport is a member of SOAN

Southern Ontario Airport Network working to unlock benefits of aviation demand for the region
With air travel demand forecast to outpace the current capacity of the region’s airports, a group of eleven Southern Ontario airports have responded with the launch of the Southern Ontario Airport Network (SOAN) at an event today. The group, comprised of eleven of the region’s most commercially significant airports, is dedicated to making sure the growing demand for air travel in Southern Ontario, which is expected to reach approximately 110 million passengers by the early 2040s, is supported.
Members of the Southern Ontario Airport Network include: Toronto Pearson International Airport, Billy Bishop Toronto City Airport, Hamilton John C. Munro International Airport, Kingston/Norman Rogers Airport, Lake Simcoe Regional Airport, London International Airport, Oshawa Executive Airport, Niagara District Airport, Peterborough Airport, Region of Waterloo International Airport, and Windsor International Airport. Transport Canada and Ontario’s Ministry of Transportation are also important contributors to SOAN’s work.  
Among the short, medium and long term goals of the SOAN are:
•         completing an economic analysis of the impact of the Southern Ontario Airport Network for our communities, the region and the province;
•         understanding the ground transportation needs in Southern Ontario and advocating for investment in ground transportation improvements that will reduce congestion and greenhouse gas emissions; and,
•         developing best-in-class strategies for responsible and sustainable airport growth including community engagement and noise management.
In conjunction with the launch event, the SOAN released a statement of intent titled, “Flying Together: The Southern Ontario Airport Network.” The paper emphasizes that planning for growth in a responsible way is essential; without it, the region could potentially leave $15 billion in GDP on the table and force more than 20 million passengers to look elsewhere for their air travel needs.
The members of the SOAN recognize that the region has the potential, given its many air transportation assets, to meet the growing demand for air travel. Through responsible planning, the SOAN will ensure that the region is well placed to keep the jobs and economic benefits of air service demand in Southern Ontario.
The full statement of intent is available online: www.SOAirportNetwork.com
“Our forecast tells us that by 2043 aviation demand will be around 110 million passengers. When we look at what the current capacity amongst airports in the region, we would be leaving 20 million passengers ‘on the table’ if we don’t take action now. Thankfully, we have a network of great airports, who have come together to start brainstorming ways to capitalize on this incredible opportunity.

We know that the efficient movement of people and goods to and from our region is an important part of Canada’s broader supply chain, and that we have a role in enabling economic prosperity through our actions and investments. As we look to the future of this growing region, we know that each of our airports can play a greater role in supporting our local and regional economies.” -Howard Eng, President and Chief Executive Officer of the Greater Toronto Airports Authority.

"The projected shortfall in airport capacity in Southern Ontario played a major part in the Region of Waterloo International Airport’s recently released 20 year Master Plan and is tied directly to the unprecedented growth in projected air travel demand. Being part of the Southern Ontario Airport Network gives YKF an advantage and a voice in better understanding upcoming opportunities and planning for infrastructure investment for our community.” - Chris Wood, Region of Waterloo International Airport General Manager

Media contact - contact@soairportnetwork.com

The Southern Ontario Airport Network is comprised of eleven commercially significant airports in Southern Ontario: Toronto Pearson International Airport, Billy Bishop Toronto City Airport, Hamilton John C. Munro International Airport, Lake Simcoe Regional Airport, London International Airport, Oshawa Executive Airport, Niagara District Airport, Peterborough Airport, Region of Waterloo Airport, Windsor International Airport.  Located in Canada’s most economically productive and fastest growing region, each airport shares the goal of utilizing the available capacity at their airports to support the diverse needs of their communities and in turn, developing economic opportunities locally, regionally, provincially and nationally. For more information: www.SOairportnetwork.com
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RE: Region of Waterloo International Airport - YKF - by Coke6pk - 05-09-2017, 04:46 PM

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