Domestic and Overseas Travel Drive Growth at Toronto Pearson

Domestic and overseas travel continue to drive passenger growth at Toronto Pearson (YYZ), while demand for U.S. travel remains soft.

The airport handled 13.8 million passengers in the third quarter of 2026, up 5.3% from the same period last year, as increased travel within Canada and to destinations outside North America offset a slight decline in U.S. traffic.

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The airport reported 37.3 million passengers during the first nine months of the year, up 4.2% from 2025.

Domestic passenger traffic rose 5.8% in the third quarter, while international traffic increased 5.1%.

“Toronto Pearson is connecting Canadians to more destinations around the world as our airline partners add new routes. We are connecting Canadian businesses to global markets, stimulating trade, tourism and jobs across Canada. We are translating those connections into long-term value for passengers, partners, employees and communities,” said Deborah Flint, President and CEO.

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The GTAA also reported third-quarter revenue of $626.5 million, up 11.4% year-over-year, while net income increased 28.3% to $177.7 million.

The airport authority says its financial performance is supporting LIFT, a long-term infrastructure investment program aimed at expanding capacity and improving the passenger experience at Pearson.

The GTAA says it continues to monitor global economic and political uncertainty as it plans for future growth.

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