Nav Canada Looks at Low Numbers | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.13.24

Airborne-NextGen-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

Tue, Jan 21, 2003

Nav Canada Looks at Low Numbers

Crummy Quarter Even Worse Than Expected

Nav Canada, the nonprofit navigational services corporation that the airlines and air freight folks in Canada depend on for ATC, weather briefings, airport advisories, etc., said Monday that its predictions of a dismal quarter were right; they just weren't dismal enough.

The September-November quarter (Q1 of FY 2003) showed revenues of C$227 million, yielding a gross profit of a near-negligible (but positive!) $5 million, after adjustments.

That revenues were lower than expectations was offset by lower headcount numbers at the service. That smaller headcount translated into lower salary and training outlays.

Nevertheless, Nav Canada increased its fees by 3% at the first of the year, and is lobbying to hold union-labor wages at current levels, indefinitely.

FMI: www.navcanada.ca/navcanada.asp

Advertisement

More News

Airborne 05.10.24: Icon Auction, Drunk MedEvac Pilot, Bell ALFA

Also: SkyReach Parts Support, Piper Service Ctr, Airliner Near-Miss, Airshow London The Judge overseeing Icon's convoluted Chapter 11 process has approved $9 million in Chapter 11 >[...]

ANN's Daily Aero-Term (05.13.24): ILS PRM Approach

ILS PRM Approach An instrument landing system (ILS) approach conducted to parallel runways whose extended centerlines are separated by less than 4,300 feet and at least 3,000 feet >[...]

ANN's Daily Aero-Linx (05.13.24)

Aero Linx: FlyPups FlyPups transports dogs from desperate situations to fosters, no-kill shelters, and fur-ever homes. We deliver trained dogs to veterans for service and companion>[...]

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

Also: Skydio Chief, Uncle Sam Sues, Dash 7 magniX, OR UAS Accelerator US Secretary of the Air Force Frank Kendall was given a turn around the patch in the 'X-62A Variable In-flight>[...]

Airborne 05.08.24: Denali Update, Dad-Daughter Gyro, Lake SAIB

Also: NBAA on FAA Reauth, DJI AG Drones, HI Insurance Bill Defeated, SPSA Airtankers The Beechcraft Denali continues moving forward towards certification, having received its FAA T>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC