Transportation

Yellowknife Airport Evolution

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Airports play a vital role in regional economic development by connecting business and individuals to economic opportunities. This translates into jobs, tax revenue and improved amenities. Yellowknife Airport (YZF) is a significant economic driver for both the City of Yellowknife and the Northwest Territories (NWT) as a whole.

Yellowknife Airport welcomes over 500,000 passengers annually, over half of which are non-NWT residents. YZF employs 1,000 people, and supports a total of 2,000 jobs in a variety of   sectors. The total economic impact of the Airport, which includes supplier industries, is $170 million in direct GDP. For more information, please review the Backgrounder document.

On July 1st, 2017, the Government of the Northwest Territories implemented changes to the funding structure of   (YZF) to create a financially self-sustaining operating model. These changes enable the Airport to maintain safety and security, while allowing for investments to improve the traveller experience and drive economic development.

The Governance Review of the Yellowknife Airport undertaken in 2015 provides insight into evolving practices in Airport Governance nationally and internationally, case studies and transition considerations.

Outlining key areas of civil aviation and the economic influence and contribution of YZF from a local and regional viewpoint, is the Economic Impact of the Yellowknife Airport developed in 2015.

The 2016 Governance and Revenue Generation presentation includes a study of the YZF operating environment prior to implementation of the self-sustaining financial operating model, and the Aeronautical Rates and Charges Review - Yellowknife Airport Report (July 2016) offers a market comparison of the aeronautical rates and charges at Yellowknife Airport in relation to other selected comparable Airports.

The Yellowknife Airport Five-Year Business Plan 2018-2019 to 2022-2023 outlines details of the regulatory and policy environment, and includes a current market assessment, report card and a forward-looking action plan.