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NAV CANADA announced today its traffic figures for the month of August 2022, as measured in weighted charging units for enroute, terminal and oceanic air navigation services, in comparison to its previous fiscal year and to its 2019 fiscal year (pre-pandemic). A fiscal year runs from September 1 to August 31.
In August 2022 weighted charging units were higher on average by 52.1 percent compared to the same month in 2021. As compared to the same month in fiscal 2019, August 2022 weighted charging units were lower on average by 12.1 percent.
Weighted charging units represent a traffic measure that reflects the number of billable flights, aircraft size and distance flown in Canadian airspace and is the basis for movement-based service charges, which comprise the vast majority of the Company’s air traffic revenue.
This press release was prepared and distributed by Nav Canada
