The Greater Toronto Airports Authority (GTAA) has entered into Airline Partnership Agreements with several airlines for a new rebate program aimed at driving better performance and passenger experience at Canada’s busiest airport.

Airlines representing approximately 90% of seats at Toronto Pearson are eligible to earn rebates by achieving certain passenger volume thresholds and meeting targets related to operational performance, including on-time departures and timely baggage delivery.

These agreements are expected to help the GTAA achieve financial sustainability in two ways: incentivizing passenger growth and reducing the expected rebates the GTAA pays to carriers compared to previous long-term agreements that ended on December 31, 2023.

Pearson’s aeronautical fees combined with the rebate program are competitive to other large airports across North America, which reinforces Toronto Pearson’s standing as a leading global hub.

Each agreement lasts for three years, starting January 1, 2024, with a GTAA option to extend for up to two additional years.