APRIL 16, 2015

Introduction

2014 @ YYC

Looking Ahead in 2015

Aviation is one of Canada’s Biggest Economic Sparkplugs

Across Canada:

135 million passengers per year

$21 billion infrastructure investment

145,000 on-airport jobs

$40 billion annual GDP contribution

Today @ YYC

We operate and develop two airports:

• YYC Calgary International Airport since July 1992

• YBW Springbank Airport since October 1997

80 year lease (to 2072)

Not-for-Profit Organization

• All surpluses re-invested on-airport

Our Vision @ YYC . . . .

To be the Aviation Hub of Choice

Connecting People & Prosperity

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4.7 M4.9 M

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7.0 M

7.5 M7.8 M 8.0 M 8.1 M

7.8 M 7.9 M

8.6 M

9.2 M

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12.3 M12.5 M

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15.3 M

Pa

ss

en

ge

rs P

er

Ye

ar

(in

mill

ion

s)

PASSENGERS PER YEAR1993 to 2014

2014: 15.26 Million2014: 15.26 Million

+ 6.6%

0

5

10

15

20

25

30

35

40

YHZ YWG YOW YEG YUL YYC YVR YYZ

15.3 M

E&

D P

as

se

ng

ers

(Mill

ion

s)

MAJOR CANADIAN AIRPORTS2014 Passenger Traffic

(Millions)

YYC was #3 in 2014

Top Destinations in 2014

Domestic Vancouver

U.S.A. Houston

International London

59%

79%

50.0%

55.0%

60.0%

65.0%

70.0%

75.0%

80.0%

85.0%

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

AVERAGE AIRCRAFT LOAD FACTOR@ YYC

2001 - 2014

Aeronautical Revenue

$99M

Commercial Revenue

$117M

Airport Improvement Fee

$150M

2014 TOTAL REVENUES$366M

Goods & Services

$68M

Salaries & Benefits

$24M

Property Taxes$8M

2014 DIRECT OPERATING EXPENSES $100M

$0.0 M

$5.0 M

$10.0 M

$15.0 M

$20.0 M

$25.0 M

$30.0 M

$35.0 M

$40.0 M1992

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2014

FEDERAL RENT1992 - 2014$484 Million

36.2

FEDERAL RENT

Major Expansion Sector $518M

Operations Sector $68M

CAPITAL INVESTMENT 2014 $586 MILLION

3 9 8 9 16 31

61

63 76

107 16

9

75 74 60

42

79 11

0 162

144

253

476

725

586

675

240

145

90

50100

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800

1992

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F

2016F

2017F

2018

F

2019F

$ (i

n m

illi

on

s)CAPITAL INVESTMENTS

1992 - 2019F$4.7 Billion

0

1

2

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6

7

Montreal Ottawa Winnipeg Edmonton Toronto Vancouver Halifax Calgary

2.42.6

3.3

3.73.9

4.9

5.7

6.6

Se

ats

Pe

r C

ap

ita

SERVICE COMPARISONAIRLINE SEATS PER CAPITA

December 31, 2014

'Population statistics based on Stats Canada 2014 census estimate for the included metropolitan areas

YYC # 1

0.0

2.5

5.0

7.5

10.0

12.5

15.0

Calgary Vancouver Edmonton Toronto Winnipeg Ottawa Halifax Montreal

6.2

8.4

9.9 10.2

11.0 11.5

11.9

13.0

Dir

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os

ts (

$)

pe

r P

ax

COST COMPARISONDIRECT OPERATING COSTS PER PASSENGER

December 31, 2013

YYC # 1

December 31, 2014

0

50

100

150

200

250

Calgary Edmonton Ottawa Halifax Vancouver Winnipeg Montreal Toronto

100.0106.8 110.9 113.2

126.4

133.7

172.1

189.2

Fe

e In

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x V

alu

e (

Ca

lga

ry =

10

0)

AVIATION FEE COMPARISONAs of December 31, 2014

YYC # 1

RUNWAY 17L-35R

An historic event

for YYC and all of

Western Canada

Development History:

Planned over 40 years ago

Noise contours established in 1979

Design started in 2001

Construction commenced in 2011

In-Service June 28, 2014

17L-35R

Specifications:

14,000 ft x 200 ft

100% concrete (runway & taxiways)

100% LED lighting (runway & taxiways)

Category III Instrument Landing System

17L-35R

An airfield ‘system’ is much more than

concrete and lights…..

17L-35R

Complementary Initiatives:

New high-speed Oshkosh

emergency response vehicles

New fleet of ‘Snow Mauler’

airfield maintenance

equipment

17L-35R

Complementary Initiatives:

Existing West Airfield was

re-numbered

New Multi-Lateration Ground

Surveillance System which allows

controllers to identify specific

aircraft & vehicles on the airfield

17L-35R

Complementary Initiatives:

New mid-field Control Tower

to provide good line-of-sight

City of Calgary completed

Airport Trail Tunnel

17L-35R

June 14 & 15, 2014

Ribbon cutting and public events

17L-35R

Saturday, June 28th

In-Service . . . !

WestJet Flt 169 arriving from St. John’s

Air Canada Flt 009 departing to Tokyo

17L-35R

Community Impacts

Community Impact – In General

East – West < Less Impact >

North – South + More Impact

New operations on Runway 17L-35R alignment

Calgary Area Airspace Changes

Parallel Runway Aircraft Operations

Aircraft Arrival Patterns

Pre-Parallel Post-Parallel

Parallel Runway Aircraft Operations

Parallel Runway Aircraft Operations

Aircraft Departure Patterns

Pre-Parallel Post-Parallel

Noise Management Tools

Published Noise Abatement Procedures

Flight Tracking System

Sound Monitoring Systems

Concerns Hotline

Communication and Consultation

Airport Community Consultative Committee

Parallel Runway Aircraft Operations

Parallel Runway Aircraft Operations

Community

Associations

Airport Community Consultative Committee

Operational Mitigation Measures

Near-Term:

1. Favouring 35’s

Landings from south; Departures to north

2. Reduce turns before 1,000 ft.

3. 100

(vs. 150) divergence

Parallel Runway Aircraft Operations

10 Degree Divergence

Assessment of Net Benefit

Objectives:

• Maximize flights over commercial areas

• Maximize altitude of aircraft flying over

residential areas

Effective: April 30, 2015

Parallel Runway Aircraft Operations

Operational Mitigation Measures

Mid-Term:

1. RNAV SID

RNAV – IFR navigation method that allows more

precise flight paths

SID – Standard Instrument Departures defines a

more precise departure flight path

Parallel Runway Aircraft Operations

RNAV SID

Advantages:

• Reduced splay

• Defined turn location

• Defined climb gradient

Steps Required:

• Discussion at technical committee

• Impact analysis

• Consultation

• Create design

Parallel Runway Aircraft Operations

Other Major Construction

Connectivity Program

Provide YYC with

excellent passenger &

baggage connections

Connectivity Program

Widening of the existing terminal to

facilitate post-security movement of

passengers

Walking

Moving sidewalks

New Compact Transit System

Connectivity Program

Connectivity Program

COMPACT TRANSIT SYSTEM

10 Passenger Electric Vehicle

Scheduled Service

Wheelchair accessible

Space for carry-on bags

A new Connections Centre and related processes

to facilitate the connection of passengers between

different sectors

Connectivity Program

Recently opened

• New Concourse C Pre-Board Screening Point

Connectivity Program

1st Canadian Airport to receive the BOMA “Go

Green” Certification

Comprehensive Environmental Management

Programs:

Water Quality Hazardous Materials

Waste Management Recycling

In 2014 @ YYC we recycled:

332 tonnes of cardboard & paper

50,000 lbs of cooking oil

500,000 bottles & cans

New Runway

100% energy efficient LED lights

New International Terminal

581 geo-thermal wells

660 km of in-floor radiant heating

Systems to harvest 10 million litres of rainwater

High-performance building envelope system

New International Terminal

5 Levels New Hotel

2 Million f2 2 Common-Use Lounges

22 Aircraft Gates 2 Central Retail Plazas

Excellent progress in 2014

New International Terminal

Airline Check-In Hall

CBSA Luggage Pick-Up

Meeter/Greeter Area

New Baggage System (8.8 Km)

New Hotel

Waste & Recycling Centre

Development Processes:

YYC construction finished in 2015

6 months of tenant space development (70 tenant spaces)

4 months final testing & training

Planned opening Fall 2016

Our Goal:

Open well and make Calgarians proud of their new airport

New 24/7/365 dedicatedAirfield Safety Team

EmergencyPlanning

Airfield Safety

Operation 8-Ball

Concourse/Gate Re-Designation

2 years of planning + 1 very busy night

New Non-Stop Services:• New York JFK

• Freeport

• Prince George

• Penticton

Seats increased over 50% to:

• Red Deer • Fort St. John

• Brandon • St. John’s

• Nanaimo • Montego Bay

Passenger Air Services

Calgary is one of Canada’s top GatewaysNon-stop service to 40 international markets

Cargolux increased

Luxembourg service to 3/wk

New scheduled service

to Hong Kong by

Cathay Pacific

Air Cargo Services

935,000 f2 of new industrial developments

completed and underway

Land Development

135Shops

&

Services

New Terminal Retail Services

New Luggage

Carts

New Travel Alberta

Visitor Information Centre

Passenger Terminal Services

SPRINGBANK AIRPORT

CANADA’S FINEST GENERAL AVIATION AIRPORT

$38 Million invested since 1997

• Main runway lengthened to 5,000 ft

• Full Instrument Landing System

• Canada Customs Service

• Area Firehall on donated land

• Significant increase in serviced land and

on-airport development

Movements up 8.9% in 2014 to 147,000

• Authority partnered with SABPA to host a very

successful open house

‘Top 65’ Employer

YYC CREW

400+

White Hat Volunteers

Adding Value to our Community

“No where else in the world

is there anything like the

Calgary White Hatters”

Participate in

Calgary Corporate Challenge

Adding Value to our Community

Chair-Leaders event to support

barrier-free access

Participate in City of Calgary’s

‘Disaster Alley’

Adding Value to our Community

Mayor’s Environmental

Expo

Monthly Dinner @ Mustard Seed

2015 Investment Program

• $675 million

• Focus on major projects

Air/Cargo Service Development

• Focus on China

Airport Safety Systems

• 2015 Safety Audit

YYC Economic Impact

$8.28

Billion

48,000

Jobs

+ +

Adding Value Every Day

THANK YOU