Canada's airports predicting around $2 billion in lost revenues
Canada's airports are predicting around $2 billion in lost revenues this year. Travel restrictions from the COVID-19 pandemic have led to a precipitous decline in demand for plane tickets and, by extension, airport services. The bottom line, according to the industry, is anticipated losses of between $1.8 billion and $2.2 billion this year. Airports have resorted to terminal closures and layoffs, and at least six regional airports have lost scheduled passenger service altogether. ...