Edmonton Airports Extends Lower AIF Fee to In-Province Travelers
May 16, 2008 | General
EDMONTON — Edmonton Airports today announced that the Airport Improvement Fee of $10 per departing passenger from Edmonton International Airport will be reduced to $5 for passengers who are destined to cities within the province of Alberta.
The collection of the Airport Improvement Fee begins April 12, 1997
. All proceeds are directed to the airport’s capital improvement project, including renovation and expansion of the Air Terminal Building, apron, parking and access roads.
“We were persuaded, with both Edmonton and Calgary introducing an improvement fee this year, that passengers traveling on the busy Edmonton-Calgary corridor should only pay $10 in total for their round trip between these two cities. Many of these trips are taken by “day trippers” who depart and return on the same day,” said Scott Clements, President and CEO of Edmonton Airports.
“Of course, this modification will also benefit travelers to northern Alberta communities, including Fort McMurray, Grande Prairie and other destinations,” said Clements.
The reduction in the fee for in-province travelers will impact about 300,000 travelers annually, and result in a $1.5 million annual impact on revenues, which will extend the length of time the AIF is collected by approximately five years. The actual AIF collection period will be affected by factors such as actual passenger numbers, prevailing interest rates, and the final actual cost of the project.