Aeroports de Montreal reports results for second quarter of 2016

Aéroports de Montréal reported its consolidated operating results for the three- and six-month periods ended June 30, 2016. These results are accompanied by data on passenger traffic and aircraft movements at Montréal-Trudeau and Montréal-Mirabel international airports. Montréal-Trudeau set new passenger records for both periods, with 4.0 million passengers enplaned/deplaned in the second quarter, an increase of 4.8% over the corresponding quarter a year ago, and 7.9 million passengers for the first six months ended June 30, 2016, up 4.9% over the same period of 2015. All three sectors – domestic, transborder (U.S.) and international – contributed to this sustained growth. EBITDA (excess of revenues over expenses before financial expenses, income taxes, depreciation and impairment of property and equipment) totalled CAD$62.3m for the second quarter of 2016, a rise of CAD$3.2m, or 5.4% over the same year-ago quarter. EBITDA for the half-year ended June 30, 2016, reached CAD$119.4m, up CAD$7.0m, or 6.2%, against the corresponding 2015 period.