TO COVER COST OF RUNWAY PROJECT AND SERVICE DEBT, YQR TO INCREASE FEES

The Regina Airport Authority (RAA) is announcing that on April 1, 2023, YQR will be increasing certain aeronautical fees at the airport.

Passenger Facility Fee: Increasing $10 per departing passenger, which is currently $20, to be $30 effective April 1, 2023.

Landing Fees and General Terminal Fees: This fee is charged to airlines and will be increasing by 5% effective April 1^st, 2023.

While the RAA made significant debt repayments just prior to the pandemic, it did not raise fees throughout the pandemic to encourage recovery. With well over $15 million in pandemic losses, rising interest rates, severe inflation, and a $26.7 million runway project commencing, a fee increase is necessary. However, even with these fee increases, YQR landing fees are still some of the lowest in Canada, which helps drive air service development.

The Passenger Facility Fee, which was previously known as the Airport Improvement Fee, has not been increased since 2012.