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Supposedly there are more than 14,000 airplanes parked around the world right now. And according to the latest numbers from IATA, this is expected to translate into an $84 billion loss for global commercial airlines in 2020. The industry is not expected to return to profitability until 2022. As a point of comparison, net profits were about $26.4 billion last year.
Some more numbers from IATA:
Here is something else from the Journal. The number of airline routes has doubled over the past two decades. That has included the number of city-to-city routes. IATA is predicting that by the end of this year we will see these urban routes decline by about 20% compared to last year. And who knows when they will return. Perhaps in 2022, along with profitability.
The reason I point this out is because if you follow the work and writing of planner Joe Berridge, you will know that he often cites airports as being a key piece of infrastructure for global cities. At one point, having a deep harbor was everything you needed in order to bring in goods and people. But today a solid airport is paramount.
Will the loss of this city-to-city connectivity have an impact on some cities?
I’m going to New York City tonight. I’ll be flying Porter from the island airport. And I’ll probably walk there.
I’m a big fan of Porter and, while I’ve noticed some minor slippage over the last few years, it’s still one of the best flying experiences in the city.
But the island airport has always been a contentious subject. Stopping a bridge to the island was a fundamental part of our last mayor’s original election campaign.
Today the contentiousness is around expanding the airport so that it flies further using “jets.” Primarily people appear concerned about noise and that the runway will need to be expanded out and into Lake Ontario to a certain extent.
As someone who lives along the waterfront, I really don’t share the same concerns.
For one, the “whisper jets” are supposed to produce the same amount of noise as the current fleet, which don’t bother me in the least. I hear yappy dogs barking more than I hear planes.
Secondly, I think the island airport is fantastic from an economic development standpoint. If we were in Europe, Toronto would have high speed rail connections to New York City, Montreal, and other cities.
But it’s not Europe and we don’t have those rail lines. What we do have though is short haul flights from the island which, similarly, allow people to leave the city from downtown.
This may not seem like a big deal, but an extra hour can mean the difference been making and missing a morning meeting or whether your trip needs to be overnight or not.
If you’re against the expansion, I’d love to hear your thoughts in the comment section below. Debate is important.
Supposedly there are more than 14,000 airplanes parked around the world right now. And according to the latest numbers from IATA, this is expected to translate into an $84 billion loss for global commercial airlines in 2020. The industry is not expected to return to profitability until 2022. As a point of comparison, net profits were about $26.4 billion last year.
Some more numbers from IATA:
Here is something else from the Journal. The number of airline routes has doubled over the past two decades. That has included the number of city-to-city routes. IATA is predicting that by the end of this year we will see these urban routes decline by about 20% compared to last year. And who knows when they will return. Perhaps in 2022, along with profitability.
The reason I point this out is because if you follow the work and writing of planner Joe Berridge, you will know that he often cites airports as being a key piece of infrastructure for global cities. At one point, having a deep harbor was everything you needed in order to bring in goods and people. But today a solid airport is paramount.
Will the loss of this city-to-city connectivity have an impact on some cities?
I’m going to New York City tonight. I’ll be flying Porter from the island airport. And I’ll probably walk there.
I’m a big fan of Porter and, while I’ve noticed some minor slippage over the last few years, it’s still one of the best flying experiences in the city.
But the island airport has always been a contentious subject. Stopping a bridge to the island was a fundamental part of our last mayor’s original election campaign.
Today the contentiousness is around expanding the airport so that it flies further using “jets.” Primarily people appear concerned about noise and that the runway will need to be expanded out and into Lake Ontario to a certain extent.
As someone who lives along the waterfront, I really don’t share the same concerns.
For one, the “whisper jets” are supposed to produce the same amount of noise as the current fleet, which don’t bother me in the least. I hear yappy dogs barking more than I hear planes.
Secondly, I think the island airport is fantastic from an economic development standpoint. If we were in Europe, Toronto would have high speed rail connections to New York City, Montreal, and other cities.
But it’s not Europe and we don’t have those rail lines. What we do have though is short haul flights from the island which, similarly, allow people to leave the city from downtown.
This may not seem like a big deal, but an extra hour can mean the difference been making and missing a morning meeting or whether your trip needs to be overnight or not.
If you’re against the expansion, I’d love to hear your thoughts in the comment section below. Debate is important.
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Share Dialog
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Share Dialog