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-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

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

ANN's Daily Aero-Linx (06.29.25)

Aero Linx: Transport Canada We are a federal institution, leading the Transport Canada portfolio and working with our partners. Transport Canada is responsible for transportation p>[...]

ANN's Daily Aero-Term (06.29.25): Gross Navigation Error (GNE)

Gross Navigation Error (GNE) A lateral deviation from a cleared track, normally in excess of 25 Nautical Miles (NM). More stringent standards (for example, 10NM in some parts of th>[...]

Classic Aero-TV: Anticipating Futurespace - Blue Origin Visits Airventure 2017

From AirVenture 2017 (YouTube Edition): Flight-Proven Booster On Display At AirVenture… EAA AirVenture Oshkosh is known primarily as a celebration of experimental and amateu>[...]

NTSB Final Report: Cirrus SR22

Aircraft Parachute System (CAPS) Was Deployed About 293 Ft Above Ground Level, Which Was Too Low To Allow For Full Deployment Of The Parachute System Analysis: The day before the a>[...]

Airborne Affordable Flyers 06.26.25: PA18 Upgrades, ‘Delta Force’, Rhinebeck

Also: 48th Annual Air Race Classic, Hot Air Balloon Fire, FAA v Banning 100LL, Complete Remote Pilot The news Piper PA-18 Super Cub owners have been waiting for has finally arrived>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC