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-11.10.25

AirborneNextGen-
11.11.25

Airborne-Unlimited-11.12.25

Airborne-Unlimited-11.06.25

AirborneUnlimited-11.07.25

LIVE MOSAIC Town Hall (Archived): www.airborne-live.net

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

NBAA Responds To GA/BA Operational Restrictions

Bolen Issues Statement Reinforcing Need To Reopen Government The National Business Aviation Association’s President and CEO issued the statement below in response to further >[...]

Boeing Deliveries Surge to Pre-Pandemic Levels

Output May Reach Its Best Since 2018 Despite Trailing Behind Airbus Boeing delivered 53 jets in October, bringing its 2025 total to 493 aircraft and marking its strongest output si>[...]

Spirit Forecasts Financial Turbulence

Low-Cost Airline Admits “Substantial Doubt” It Can Stay Airborne Spirit Airlines has once again found itself in financial trouble, this time less than a year after clai>[...]

Singapore Adds a Price Tag to Going Green

Travelers Leaving Changi Will Soon Pay for Sustainable Fuel Starting April 2026, passengers flying out of Singapore will find a new fee tucked into their tickets: a Sustainable Avi>[...]

NTSB Final Report: Arlie L Raber III Challenger 1

Pilot Was Having Difficulty Controlling The Airplane’S Rudder Pedals Due To His Physical Stature Analysis: The pilot was having difficulty controlling the airplane’s ru>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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