Aerospace

Maximizing Growth Potential for Peterborough Airport by Joining the Southern Ontario Airport Network

Exciting news for our growing Airport yesterday as the Peterborough Airport joined the Southern Ontario Airport Network. This is important as Peterborough & the Kawarthas moves forward to make the region an attractive place for aerospace businesses to start, relocate and thrive. Working collaboratively with the team means that Peterborough & the Kawarthas can leverage the Airport land holdings in order to establish new economic clusters. Peterborough has already seen some benefits to thinking regionally when Seneca College’s Peterborough Aviation Campus opened in 2014, accessed by 150 and 50 faculty, is expected to result in $13M in local economic benefit annually.


 The announcement was made at the launch of a study put together by the newly formed Network. “Flying Together: The Southern Ontario Airport Network” outlines the opportunities for communities that are part of this network of airports


Read Peterborough Airport’s full media release regarding the Southern Ontario Airport Network below:



MEDIA RELEASE


With air travel demand forecasted to outpace the current capacity of regional airports, a group of eleven southern Ontario airports have responded with the launch of the Southern Ontario Airport Network (SOAN) at an event today. The group, comprised of eleven of the region’s most commercially significant airports, is dedicated to making sure the growing demand for air travel in southern Ontario, which is expected to reach approximately 110 million passengers by the early 2040s, is supported.


Members of the Southern Ontario Airport Network include: Toronto Pearson International Airport, Billy Bishop Toronto City Airport, Hamilton John C. Munro International Airport, Lake Simcoe Regional Airport, London International Airport, Oshawa Executive Airport, Niagara District Airport, Peterborough Airport, Region of Waterloo Airport, and Windsor International Airport. Transport Canada and Ontario’s Ministry of Transportation are also important contributors to SOAN’s work.


SOAN members recognize that the region has the potential, given its many air transportation assets, to meet the growing demand for air travel. Through responsible planning, the SOAN will ensure that the region is well placed to keep the jobs and economic benefits of air service demand in Southern Ontario.


Quotes:


“We’re delighted to be a partner in the newly formed Southern Ontario Airport Network. Since 2008, the Peterborough Airport has seen over $40M in airport infrastructure improvements. This expansion positions Peterborough as a premier aviation and aerospace centre in Southern Ontario. We will continue our efforts to promote Peterborough as a centre of aerospace excellence, meeting the expansion requirements of our valued employers who already know the business advantages of the Peterborough Airport and new aerospace employers seeking growth opportunities. It is exciting to be working closely with the Southern Ontario Airport Network and we expect this initiative will result in meaningful opportunities for Peterborough’s economic growth”
— Daryl Bennett, Mayor, City of Peterborough


“Peterborough Airport executives have been working with the Southern Ontario Airport Network (SOAN) since 2015. Working with the Southern Ontario Airport Network allows Peterborough Airport to identify opportunities for air service and land development projects, and share best practices with the other 10 airports in the Network. This initiative will help Peterborough Airport achieve its objective which is to grow the number of aerospace companies as well as general and corporate aviation tenants located at the airport. In addition, Peterborough Airport hopes to develop inbound and outbound destinations with commuter air carriers.”
— Trent Gervais, General Manager, Peterborough Airport