Passenger traffic at YUL totalled 5.3 million in the second quarter of 2023, up 32.9% compared with 2022 and representing 106.1% of the traffic for the corresponding period in 2019.
ADM Aéroports de Montréal says growth was sustained throughout the quarter, with 101.0% of 2019 traffic levels in April, 108.8% in May and reaching 107.9% in June.
The international sector also showed a significant upturn, reaching 117.7% of 2019 traffic levels in the second quarter. For the first six months of 2023, passenger traffic stood at 9.8 million, up 57.6% over 2022.
ADM Aéroports de Montréal continues to spend on capital investments, which totalled $90.7 million in the second quarter of 2023 compared with $40.2 million for the corresponding period of 2022, an increase of $50.5 million, or 125.7%.
Capital investments for the six months ended June 30, 2023, amounted to $114.1 million ($56.2 million in 2022), an increase of $57.9 million, or 103.0%.
Philippe Rainville, President and CEO of ADM, says the airport is running more smoothly this summer than last, thanks in part to the capital investments.
"Despite passenger traffic now exceeding 2019 levels and challenging weather conditions, airport operations at YUL Montréal-Trudeau International Airport are running more smoothly this summer season compared to the summer of 2022,” Rainville says.
“ADM has worked hard over the past year, making significant investments in baggage handling and working with airlines and government agencies on airport processes. Of course, we'll continue to improve the way we do business to provide the best possible experience for our passengers during this busy season.”
For the first six months of 2023, revenues totalled $389.4 million, an increase of $128.5 million, or 49.2%, compared with the same six-month period in 2022. These positive results are directly attributable to the rebound in passenger traffic that is continuing in 2023.
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