Audit Report Confirms Edmonton Airports Compliance with Edmonton City Centre Airport Lease
July 13, 2007 | General
Edmonton – An audit report released this week by the Office of the City of Edmonton Auditor confirms that Edmonton Airports is operating in compliance with the terms of its lease with the City of Edmonton to manage Edmonton City Centre Airport, that the airport continues to be in compliance with Transport Canada safety standards, and that the proposed capital program to maintain City Centre Airport is appropriate and justified.
Scott Clements, President and CEO of Edmonton Airports stated, “Edmonton Airports is pleased to see that the City Auditor found Edmonton Airports was managing City Centre Airport in a manner consistent with its lease with the City of Edmonton and consistent with the directions provided by the citizens of Edmonton in the 1995 referendum. These findings support the actions we have taken over the past seven years to develop City Centre Airport as a corporate and general aviation facility.”
Two recent studies “Economic Impacts” (pdf) and “2003 Review of Air Service Consolidation” consider economic impact and air service impacts of the region’s airports. These studies, undertaken by third parties, demonstrate the tremendous overall economic benefits to the Capital Region and to Alberta of consolidated air services.
Edmonton Airports is a not-for-profit organization mandated to manage the region’s airport assets on behalf of and in the best interest of the Capital Region.