Region of Waterloo International Airport: Under the deal, Montreal-based chartered flight company Nolinor Aviation will fly out of Waterloo Region three times a week starting September 19 to the Qikiqtani Region on Baffin Island in Nunavut, according to CBC. Based on three round-trip flights per week, landing fees, per passenger fees, fuel surcharges and employee parking, the airport estimates it will earn approximately $400,000 in extra revenue in 2014 and The Region of Waterloo International Airport says its annual revenue will go up by about 12 per cent after it signs a proposed deal with an airline that will charter passengers and cargo to the far north for a Toronto-based mining company. That could increase to a possible 14 flights a week, said Chris Wood, general manager of the airport.
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Tagged under Region of Waterloo International Airport, Baffin Island topics.
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