Investor Presentaiton
4
Charlottetown Airport | 2013 Annual Report
Greetings from the Chairman of the Board
and the Chief Executive Officer
Chairman of the Board Letter
When most people think about travel they think
about sun-filled days at the beach with the family,
exploring a new city, or learning about a foreign
culture. We all know these soft benefits of travel... we
feel them, we experience them, they are tangible.
But what many of us don't think about are the
economic benefits that travel brings to the broader
community.
For example, what about a company looking for a
new headquarters for their office? They first have to
travel to the destination to investigate, explore and
assess the skilled workforce before they will relocate.
Or what about a local company wanting to export
their products or expertise internationally? They
first have to travel to be connected conveniently
to world markets.
Or what about visitors vacationing on the Island?
They first have to travel here and with them comes
new export dollars for our Island economy.
Air travel opens Prince Edward Island to the world,
and Charlottetown Airport is the FRONT DOOR
to this economic development in our community.
Our Authority is proud of the economic benefits
the airport brings to the Island, worth more than
$90 million annually.
Convenience and safety are of utmost importance to
our Authority. This is a key reason why we partnered
with the City of Charlottetown and the provincial
government in the construction of a new roundabout
at the main entryway leading to the airport. We
would like to thank the City of Charlottetown for
leading this project and the Province of Prince
Edward Island for their support in improving public
safety at this busy intersection.
Although we experienced a small decrease in
passenger traffic for the first six months of 2013,
record-breaking traffic during the busy tourism
season from July to September brought us to a
total of 296,301 passengers for the year. That almost
matches the record setting numbers in 2012.
It was with great sadness that PEI's aviation
community said goodbye to well-respected aviator,
businessman, colleague and friend, Bob Bateman,
after a courageous battle with ALS. Bob founded
Prince Edward Air in 1989 with one plane and himself
as pilot, and grew the business into a significant
regional provider of air medical evacuation, courier
and air charter services.
Bob was an instrumental member of our
Authority board for close to six years and
contributed greatly to the development of
the airport with his expertise and insight. He
will be missed.
This year marks my retirement as chairman
of Charlottetown Airport Authority's board
of directors. I've truly enjoyed my time
working with the board, management
and staff of the Airport Authority as well
as the many stakeholders in the broader
community, and would like to thank all of
you for your support and encouragement
over my seven and a half year tenure.
Sincerely,
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David McKenna, ChairmanView entire presentation