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-07.07.25

Airborne-NextGen-07.08.25

AirborneUnlimited-07.09.25

Airborne-FlightTraining-07.10.25

AirborneUnlimited-07.11.25

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

KidVenture Educational Activities Lineup At EAA AirVenture 2025

Youth Explore With Hands-On Builds, RC Airplanes, Flight Sims, Much More KidVenture is located just north of the EAA Aviation Museum, at Pioneer Airport, and has arranged a myriad >[...]

Aero-News: Quote of the Day (07.07.25)

“About nine decades ago, Amelia Earhart was recruited to Purdue, and the university president later worked with her to prepare an aircraft for her historic flight around the >[...]

Airborne 07.07.25: Sully v Bedford, RAF Vandalism, Discovery Moving?

Also: New Amelia Search, B737 Flap Falls Off, SUN ‘n FUN Unveiling, F-16 Record Captain Sully Sullenberger, the pilot who saved 155 people by safely landing an A320 in the Hu>[...]

Aero-News: Quote of the Day (07.08.25)

"It is critically important for North American flight safety that Temporary Flight Restriction (TFR) violations are avoided. All pilots must familiarize themselves with updates to >[...]

Airborne-NextGen 07.08.25: Joby in Dubai, Army Electra, Archer iin Abu Dhabi

Also: Hackers v Aviation, Discovery Moving?, Gogo Galileo HDX, EVE to Costa Rica Joby Aviation announced its electric air taxi successfully completed a series of VTOL wingborne tri>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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