Not really.
The Sportsworld terminal is closer to the 401 and 8 highways, GO buses, local buses and eventually a nearby LRT station and sits between two cities. It has significantly more useful transportation connections for both local and regional airport users. Fairway is more of a small local node served only by the LRT and a handful of local bus routes. A significant amount of people flying in and out of YKF are not from Waterloo Region, they're from all over the surrounding area, so being able to take a GO bus or drive on the 401 to get dropped off to catch a bus to the airport has much more utility.
The Sportsworld terminal is closer to the 401 and 8 highways, GO buses, local buses and eventually a nearby LRT station and sits between two cities. It has significantly more useful transportation connections for both local and regional airport users. Fairway is more of a small local node served only by the LRT and a handful of local bus routes. A significant amount of people flying in and out of YKF are not from Waterloo Region, they're from all over the surrounding area, so being able to take a GO bus or drive on the 401 to get dropped off to catch a bus to the airport has much more utility.