HIAA Records Significant Financial Loss in 2020 due to COVID-19; Prepares for Multi-Year Recovery

The COVID-19 pandemic abruptly stalled air travel activity beginning in March 2020, resulting in the largest financial loss ever recorded by Halifax International Airport Authority (HIAA).

This, and other details about how the pandemic affected HIAA and its plans for recovery, were presented today at its Annual Public Meeting, held virtually to comply with COVID-19 provincial public health protocols.

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2020 Passenger Traffic at Halifax Stanfield Hit 50-Year Low

HIAA Calls on Federal Government to Provide Financial Support, Implement National Health Strategy for Air Sector Recovery

Walking through Halifax Stanfield these days feels a bit like you’ve stumbled onto the set of a post-apocalyptic movie. Escalators are turned off, lights are dimmed, stores are shuttered, and traveller sightings are few and far between. The pandemic, which has created challenges for many in our communities, has decimated the aviation industry and stalled passenger traffic at levels not seen since 1972.

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Halifax International Airport Authority Announces Successful Completion of Bondholder Consent Solicitation

Halifax International Airport Authority (“HIAA“) announced today that it has successfully obtained the requisite approval of holders (“Bondholders”) of all outstanding series of obligation bonds and pledged bonds (‘the “Bonds”) under the previously announced solicitation of consents (the “Consent Solicitation”) with respect to amendments (the “Amendments”) to the trust indenture governing the Bonds (the “Indenture”) and has entered into a fourth supplemental indenture dated December 31, 2020 (the “Fourth Supplemental Indenture”) to give effect to the Amendments.

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Halifax International Airport Authority Announces Commencement of Bondholder Consent Solicitation

Halifax International Airport Authority (“HIAA”) announced today that it has commenced the solicitation of written consent (the “Consent Solicitation”) from the holders of all outstanding series of obligation bonds and pledged bonds (collectively, the “Bonds”) to obtain approval of certain amendments (the “Proposed Amendments”) to the trust indenture governing the Bonds (the “Indenture”). 

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COVID-19 Update

Updated on March 31, 2020 

Halifax International Airport Authority (HIAA) continues to monitor developments related to the spread of the coronavirus disease, COVID-19. The health and safety of our passengers, visitors and employees is our top priority.

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Halifax Stanfield Becomes First Facility in Nova Scotia to Achieve Gold Accessibility Rating from Rick Hansen Foundation

When visiting Halifax Stanfield in 2020, it’s hard to believe the terminal building that exists today is nearly 60 years old. With bright interiors and large windows, modern washrooms and other passenger amenities, Halifax International Airport Authority (HIAA) has made strategic investments over the past two decades that put passenger needs, like accessibility, at the forefront.  

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