AIR CANADA: THE MULTI-YEAR INVESTMENT PLAN

Toronto Pearson International Airport has received an influx of $16m from Air Canada in order to expand their cold chain handling facility. This development will facilitate 30,000 sq ft of temperature-controlled areas and an expanded cooler offering 2°C to 8°C and 15°C to 25°C temperature capabilities. As per Jason Barry, vice president of Air Canada, this first step in a multi-year investment plan will give Air Canada Cargo a strategic advantage at their main hub, which handles more than 60% of all their traffic, and will support the launch of routes to be served by new freighter aircraft.

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Summary by Tejaswi Khanna

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