coronavirus crisis has dramatically cut into the airport’s revenues.“The closure of Canada’s air borders means a drop in passenger traffic of 14.5 million (-71%) compared to 2019 will lead to revenue losses of approximately $500 million compared to the anticipated level for the current year,” Hamel wrote.
Turbulent financial times for Montreal’s Trudeau International Airport The future REM station at the airport is one of the signature and most integral parts of the REM project, which is supposed to stretch 67 kilometres with 26 stations.
The REM Trudeau Airport station is the only one that is to be financed outside of the Caisse de dépôt and its partners. It’s projected to cost $2.5 billion.Now the COVID-19 crisis is forcing airport.