Winnipeg Airports Authority Inc. - Airport Redevelopment Passes Major Milestone

    WINNIPEG, Aug. 21 /CNW/ - Redevelopment of Winnipeg James Armstrong
Richardson International Airport has passed 500,000 person-hours of onsite
construction work. Achieving this major milestone underlines the significant
role played by Winnipeg Airports Authority in stimulating the economic life of
this community. With a construction commitment of $585 million, Airport
Redevelopment is forecast to contribute 6,370 person-years of employment to
the local market, including $273 million in wages. GDP is projected at $343
million with total economic output for Manitoba at more than $1 billion.

    Since initiated, Redevelopment construction has proceeded on several major

    -   Air Terminal Building       Approximately 51,000 m(2)      2006-2009
    -   Airside Development         Additional apron and           2006-2009
    -   Groundside Site Services    Roadways, site works           2005-2008
    -   Central Utilities Building  Technical upgrades and tunnel  2007-2008
    -   Parkade (complete)          Four-level, 1,559 stalls       2005-2006

    "Passing 500,000 construction hours demonstrates that we are succeeding
with our vision of leading transportation innovation and growth on behalf of
this vibrant community," said Barry Rempel, President and CEO of Winnipeg
Airports Authority Inc. "It is important to remember that this kind of
accomplishment results from a great team effort, including the cooperation and
leadership of our customers, stakeholders, Board and staff, as well as
contractors and all those working on the Redevelopment program."
    Prime contractors involved with Redevelopment construction projects have
included the EllisDon Corporation, Manshield Construction, McCain Electric,
Mulder Construction, Nelson River Construction, Otis Elevators and PCL
Constructors Canada. Program Management is provided by Parsons and Wardrop
    Winnipeg Airports Authority is a non-share capital corporation
responsible for the management and operation of Winnipeg James Armstrong
Richardson International Airport and affiliate businesses. All surplus revenue
over expenses is reinvested by WAA back into the community, primarily through
airport development projects. WAA is self sufficient with taxpayers not
directly involved in financing airport site redevelopment which is being paid
through Airport Improvement Fees (AIF).
    Winnipeg Airports Authority serves our region by providing value to our
customers and community. A source of pride for our community, we strive to be
a leader in its growth and development.


    Component                       Specifications                Schedule

    -   Air Terminal Building       Approximately 51,000 m(2)       2006-09
    -   Airside Development         Additional apron and            2006-09
    -   Groundside Site Services    Roadways, site works            2005-08
    -   Central Utilities Building  Technical upgrades and tunnel   2007-08
    -   Parkade                     4-level, 1,559 stalls           2005-06


    -   Construction commitment $585 million (project funded through Airport
        Improvement Fee)

    Forecast Manitoba Economic Impact of Airport Redevelopment

    -   Employment                 6,370 person-years
    -   Wages                      $     273 million
    -   GDP:                       $     343 million
    -   Economic output:           $   1.009 billion

    Program Objectives

    -   Flexibility and responsiveness to market conditions
    -   Phasing
    -   Affordability
    -   Design excellence

    Planning Criteria: Traffic Volumes

    The current terminal was opened in 1964 when passenger traffic was
approximately 600,000 passengers per year. The Airport Redevelopment Program
has been planned based on forecast 2015 passenger volumes with expandability
to meet forecast 2020 passenger volumes:

    -   2004                       3.0 million passengers
    -   2006                       3.3 million passengers
    -   2015                       4.1 million passengers
    -   2020                       4.6 million passengers

    (*) Minimum 1 million meeter/greeters per year

    Customer Convenience

    Airport Redevelopment has been planned to reduce the impact of
construction activities on customers wherever possible. A system of temporary
traffic measures will be in place throughout the construction period. The old
terminal will remain in service until the new facility is 100% operational, to
ensure a smooth transition for all WAA customers, stakeholders and the
community as a whole.

For further information:

For further information: Christine Alongi, Director, Communications &
Public Affairs, Winnipeg Airports Authority Inc., Phone: (204) 987-2021, 24
Hour Media Line: (204) 992-2791,

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Winnipeg Airports Authority Inc.

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