Nav Canada To Refund $60 Million To Users

[In The News]

While the aviation industry in the U.S. is fighting hard to oppose proposals to privatize the air traffic system, Nav Canada, the private not-for-profit company that runs Canada’s ATC, said recently it will refund $60 million in fees to its customers this year. “Higher than expected traffic growth this year has put us in a position to be able to refund [these fees] to our customers,” said CEO Neil Wilson, in a news release on August 11. Fees are also going down, effective September 1, with a 3.5 per cent average reduction to base rates and a 0.4 per cent one-time rate reduction.

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