MIRABEL, QC, May 20, 2026 /CNW/ – Airbus has launched the Airbus Tech Hub in Canada, a platform to catalyse breakthroughs in aerospace technology research and innovation with the local ecosystem.
The Canada Tech Hub, located in Mirabel, will complement the already existing network of similar facilities in South Korea, Japan, Singapore and the Netherlands. This global network aims to foster collaboration among industry leaders, academia and knowledge institutes, government, and start-ups, creating strong communities pushing boundaries in aerospace technology and preparing the future of aerospace. The Airbus Tech Hub in Canada will focus on three core technology pillars designed to bolster the A220 and future generations of aircraft and broader strategic objectives:
The development of sustainable materials: This includes composites materials, circularity including recycling processes for Titanium, and advanced conductive coatings.
The exploration of decarbonisation technologies: Key areas include next-gen batteries, electrical taxiing, fuel cells and H2 systems, aerodynamics, and validating Sustainable Aviation Fuels (SAF) for the A220.
Manufacturing & Operations: Integrating AI and industrial robotics for the A220 production ramp-up, and Digital Twin applications
Additionally, the Hub will leverage Canada’s leadership in AI and Quantum Computing as transverse capabilities to optimise everything from R&T simulations to flight operations.
“The launch of the Airbus Tech Hub in Canada is more than an expansion; it is a strategic fusion of Airbus’ technology vision with Canada’s world-class aerospace competence,” said Rémi Maillard, EVP Engineering Airbus Commercial Aircraft and Head of Technology Airbus. “By anchoring our research in this unique ecosystem, where AI leadership meets a commitment to decarbonisation, we are actively building the future of flight. Together with our Canadian partners, we will turn ambitious research into the industrial reality of a sustainable and digitally-integrated aviation industry.”
This Tech Hub serves as a nexus for Airbus in Canada, creating synergies across Commercial Aircraft, Helicopters, Defence and Space, Airbus Atlantic and Skywise.
Leveraging leading academic institutions, such as McGill University and the University of Waterloo, and innovation accelerators like Centech, the Tech Hub will drive high-impact Canadian Research and Technology.
Supported by key ecosystem enablers including the MEIE (Ministry of Economy, Innovation and Energy), CRIAQ (Consortium for Research and Innovation in Aerospace in Québec), and ADM (Aéroports de Montréal), the Hub will not only advance technical frontiers but also cultivate a high-skill talent pipeline. Through dedicated PhD and Masters programs, Airbus invests to ensure a future-ready workforce capable of supporting Airbus’ industrial and digital leadership in Canada.
In addition to a new Airbus innovation and prototyping facility, several projects have already been earmarked to be launched in the coming weeks, such as CiDAD (Advancing Circularity in Aircraft Dismantling), and TiRex (Titanium Recyclability for Next Generation Manufacturing), both supported by the MEIE through a CRIAQ program.
Stakeholders in the Canadian aerospace ecosystem, including industry leaders and technology start-ups, are invited to participate in the Airbus Tech Hub projects to help pioneer sustainable aerospace for a safe and united world. Discover how Airbus collaborates with partners to accelerate new technologies at airbus.com/en/innovation.
MONTRÉAL, May 7, 2026 /CNW/ – ADM Aéroports de Montréal today announced its consolidated operating results for the quarter ended March 31, 2026. These results are accompanied by passenger traffic data for YUL Montréal-Trudeau International Airport.
Highlights
Passenger traffic at YUL totalled 5.1 million for the first quarter of 2026, up 2.9% compared with the same period in 2025. Of note is the growth in the domestic and international sectors, which increased by 6.3% and 6.1%, respectively, compared with the same period in 2025. The transborder sector declined by 8.1% compared with the first quarter of 2025.
EBITDA (earnings before income taxes, net financial expenses, depreciation and impairment and share in the results of joint ventures; see the “Non-GAAP measures” section for more information) was $84.7 million for the first quarter of 2026, a decrease of $5.9 million, or 6.5%, compared with EBITDA of $90.6 million for the same period of 2025.
Capital investments were $195.6 million for the first quarter of 2026, compared with $138.7 million for the corresponding period of 2025, an increase of $56.9 million, or 41.0%. Investments in the Airport Program totalled $160.7 million ($111.9 million in 2025), while investments for the Airport REM Station totalled $34.9 million ($26.8 million in 2025).
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“While the first quarter ended on a positive note with growth in passenger traffic at YUL Montréal-Trudeau International Airport, our teams are hard at work preparing for the summer season, which is already upon us and promises to be another busy one this year,” said Yves Beauchamp, President and CEO of ADM. “In this context, work on the airport site is progressing at a steady pace to ensure an improved experience for visitors. Until the REM station opens in 2027 and the new drop-off points become operational in 2028, accessing the site will be challenging during peak hours. However, mitigation measures, such as our Express drop-off areas, provide effective alternatives for users. Finally, I would like to acknowledge the ongoing dedication of airport community employees throughout these projects. Their exceptional service was recently recognized by the 2026 Skytrax World Airport Awards as being among the best in North America.”
Financial results
Consolidated revenues amounted to $223.0 million for the first quarter of 2026, an increase of $3.7 million, or 1.7%, compared with the corresponding quarter in 2025. These results are mainly due to the annual increase in aeronautical fees and higher passenger traffic. They also reflect the impact of the introduction of an airport improvement fee (AIF)applicable to connecting passengers since December 1, 2025. These positive impacts were partially offset by a decrease in parking revenues resulting from the reduction in the number of parking spaces near the terminal following the closure of the multi-level parking facility pending its demolition, a key stage in the airport’s facilities development plan.
Operating expenses totalled $101.2 million for the first three months of 2026, an increase of $8.2 million, or 8.8%, compared with the same period in 2025. This increase is attributable to higher operating costs for passenger services, to adverse winter conditions that led to additional site maintenance costs, and to an increase in headcount compared with the same period in 2025. This increase was partially offset by a reduction in professional fees compared with the first quarter of 2025, when several preliminary design studies for the Flight Plan were carried out.
Transfers to governments (payments in lieu of municipal taxes [PILT] and rent paid to Transport Canada) totalled $37.1 million for the period under review, an increase of $1.4 million, or 4.0%, compared with the same period in 2025. These transfers represented 16.6% of ADM’s revenues in the first quarter of 2026, compared with 16.3% for the corresponding period in 2025.
Depreciation and impairment of property and equipment and right-of-use assets remained stable, totalling $43.0 million for the first three months of 2026, down by $0.3 million, or 0.7%, compared with the same period in 2025.
Net financial expenses were $26.1 million as at March 31, 2026, an increase of $1.6 million, or 6.6%, compared with the corresponding period in 2025. This variance is mainly due to a decrease in interest income generated on surplus cash, partially offset by the increase in interest capitalized on work in progress.
Net income for the quarter ended March 31, 2026 was $15.9 million, compared with $23.0 million for the same period in 2025, a decrease of $7.1 million, or 31.0%.
Financial situation
ADM’s net debt as at March 31, 2026 was $2.7 billion, compared with $2.6 billion at December 31, 2025; see the “Non-GAAP measures” for more information. The variance is attributable to the combined effect of the use of cash and long-term debt to finance capital investments.
Sustainability at ADM
During the quarter, ADM implemented the following initiatives to pursue its commitment to sustainability:
Included in the 2026 Top Employers in Montréal ranking, a prestigious accolade awarded by Mediacorp Canada. A total of eight key criteria were used to identify the best employers, including workplace quality, professional atmosphere, employee benefits, training and development, and community engagement.
Held the 12th edition of the “Premium Kids” event at YUL, in collaboration with Air Transat. This unique day allows children with autism spectrum disorder (ASD) or functional limitations and their families to familiarize themselves with the airport process to ease their apprehension about travelling. This year, nearly 200 participants were able to experience the typical journey through an airport.
Continued to accelerate the development of YMX Innovation, located at YMX International Aerocity of Mirabel, with a series of major developments confirming the rapid growth of its technology campus. By welcoming its first global leaders, the organization is reaffirming its commitment to stimulating innovation and establishing Québec and Canada in the aerospace industry of the future.
ADM Aéroports de Montréal is the airport authority for the Greater Montréal area responsible for the management, operation and development of YUL Montréal-Trudeau International Airport, certified 4 stars under the Skytrax World Airport Star Rating program, and YMX International Aerocity of Mirabel.
MONTRÉAL, March 30, 2026 /CNW/ – ADM Aéroports de Montréal (the “Corporation”) announced today its consolidated operating results for the year ended December 31, 2025. These results are accompanied by passenger traffic data for YUL Montréal-Trudeau International Airport.
Highlights
Passenger traffic at YUL totalled 5.2 million in the fourth quarter of 2025, up 1.2% compared with 2024. In total, 22.4 million passengers passed through YUL in 2025, down 0.5% compared with 2024. Notably, the domestic and international sectors grew, posting increases of 1.9% and 2.4%, respectively, over the same period in 2024. The transborder sector (U.S.) declined by 9.5% compared to the corresponding period in 2024.
EBITDA (earnings before income taxes, net financial expenses, depreciation and impairment and share in the results of joint ventures; see the “Non-GAAP Measures” section for more information) was $442.9 million for fiscal 2025, an increase of $3.8 million over EBITDA of $439.1 million for the previous year.
Capital investments (net of grants) were $696.5 million in 2025, compared with $439.1 million in 2024, an increase of $257.4 million, or 58.6%. Investments in the Airport program totalled $582.8 million ($352.1 million in 2024), and those for the airport’s REM station totalled $113.7 million ($87.0 million in 2024).
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“The year 2025 ended on a relatively stable note, with 22.4 million passengers passing through YUL Montréal-Trudeau International Airport–a volume comparable to that in 2024. Considering the socio-economic context of the past year, this demonstrates the importance of travel, especially for Quebecers,” said Yves Beauchamp, President and CEO of ADM. “It is a great privilege for us to welcome such a large number of travellers to YUL and offer them so many opportunities to connect with destinations around the globe. This is precisely why ADM teams must continue to implement Flight Plan, the airport infrastructure development program, to provide users with better service. With construction sites and other work continuing to increase at the airport, I would like to thank our users for their patience and compliance with the mitigation measures put in place. I would also like to recognize the excellent work of the airport community’s employees, whose dedication is helping to build the airport of tomorrow.”
Financial results
Consolidated revenues totalled $960.8 million in 2025, an increase of $43.6 million, or 4.8%, compared with 2024. These results are attributable to the increase in AIF fees, which took effect on March 1, 2024, as well as the annual increase in aeronautical charges, which were partially offset by the slight decrease in passenger traffic and carrier activity.
Operating expenses for the year under review totalled $369.5 million, an increase of $38.2 million, or 11.5%, compared with 2024. This increase is mainly due to costs associated with preliminary studies that will enable the implementation of the airport facilities development plan, passenger service expenses–particularly to mitigate the impact of construction on traffic flow during peak periods–increased information technology spending as the Corporation transitions to cloud-based solutions, and increased headcount over 2024.
Transfers to governments (payments made in lieu of taxes to municipalities [PILT] and rent to Transport Canada) totalled $148.4 million, an increase of $1.6 million compared with the previous fiscal year and represented 15.4% of ADM’s total revenues (16.0% in 2024).
Depreciation and impairment of property and equipment and right-of-use assets were $183.1 million in 2025, an increase of $14.2 million, or 8.4%, from 2024. This increase is mainly due to the commissioning of new assets in 2025 and 2024.
Net financial expenses totalled $100.8 million in 2025, an increase of $12.7 million, or 14.4%, compared with 2024. This variance is mainly due to a decrease in interest income on surplus cash.
Net income was $159.0 million for the fiscal year ended December 31, 2025, compared with $182.0 million in 2024, a decrease of $23.0 million, or 12.7%.
Sustainability at ADM
During this quarter, ADM implemented the following initiatives to pursue its commitment to sustainability:
Won the Eureka Award in the Transportation Organization category, presented by Écotech Québec, for the development and successful testing of the new ECOWAY50 deicing fluid, developed in collaboration with Electro Carbon.
Launched a new edition of its “Chez ADM, on Centraide” campaign, through which it contributes to the fight against poverty, exclusion, and inequality. This initiative also enabled some 30 ADM employees to volunteer with three organizations affiliated with Centraide. Thanks to the generosity of employees, a total of $131,540 was donated to Centraide of Greater Montréal and Centraide Laurentides.
Hosted a blood drive at its YMX site organized in partnership with Héma-Québec, Safran, and ADM. Thanks to the generosity of the YMX airport community, more than 200 patients will benefit from these valuable donations.
Took a new step forward in its efforts to electrify and decarbonize its operations by introducing five new Nova Bus electric buses at its YUL site. These buses now transport passengers between Parking Lot P4 and the terminal.
ADM Aéroports de Montréal is the airport authority for the Greater Montréal area responsible for the management, operation and development of YUL Montréal-Trudeau International Airport, certified 4- stars under the Skytrax World Airport Star Rating program, and YMX International Aerocity of Mirabel.
MONTREAL, Aug. 6, 2025 /CNW/ – ADM Aéroports de Montréal today reported its consolidated operating results for the second quarter and first half ended June 30, 2025. These results are accompanied by passenger traffic data for YUL Montréal-Trudeau International Airport.
Highlights
Passenger traffic at YUL totalled 5.7 million in the second quarter of 2025, up 0.9% compared with 2024. A total of 10.6 million passengers transited through YUL during the first half of 2025, down 0.4% compared with 2024. The domestic and international sectors grew by 3.2% and 0.6%, respectively, compared with the first half of 2024. The transborder sector was down by 6.8% compared with the corresponding six months of 2024.
EBITDA (earnings before net financial expenses, income taxes, depreciation and impairment, and share in the results of joint ventures, see the “Non-GAAP measures” section for more information) was $105.4 million for the second quarter of 2025, a decrease of $10.9 million compared with EBITDA of $116.3 million for the same period of 2024. For the six months ended June 30, 2025, EBITDA was $196.0 million, down $18.7 million from $214.7 million for the first six months of 2024.
Capital investments were $151.5 million in the second quarter of 2025 compared with $124.8 million for the corresponding period of 2024, an increase of $26.7 million, or 21.4%. Capital investments for the six months ended June 30, 2025 totalled $290.2 million ($171.1 million in 2024), an increase of $119.1 million, or 69.6%. In the first half of 2025, investments in the Airport Program totalled $224.4 million ($141.4 million in 2024), and those for the airport’s REM Station totalled $65.8 million ($29.7 million in 2024).
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“With the summer season in full swing and still bringing significant traffic to YUL Montréal-Trudeau International Airport, ADM’s teams are doing their utmost to provide a warm welcome and quality service to visitors,” said Yves Beauchamp, ADM’s President and CEO. “Despite challenging weather conditions, flight operations have been running smoothly this summer, while major work has already begun. This includes reconfiguring the road network leading to the terminal. With the increasing number of projects over the next few years, our objective remains clear: to improve the way we guide and serve our passengers amid growth and major construction, while providing effective mitigation measures to minimize inconveniences. In this regard, I would also like to highlight the excellent work of the airport community’s employees who are helping us build the airport of tomorrow.”
Financial results
Consolidated revenues amounted to $232.4 million for the second quarter of 2025, an increase of $3.2 million, or 1.4%, over the corresponding quarter in 2024. Revenues for the six-month period ended June 30, 2025 increased by 2.2%, from $442.0 million to $451.7 million in 2025. These results are attributable to the AIF rate increase on March 1, 2024, and the annual increase in aeronautical fees, partly offset by lower passenger traffic.
Operating expenses totalled $89.8 million for the second quarter of 2025, an increase of $12.4 million, or 16.0%, over the corresponding period of 2024. For the six months ended June 30, 2025, operating expenses increased by $26.9 million, or 17.2%, to $182.8 million, compared with $155.9 million for the same period in 2024. This increase is namely attributable to the costs associated with the preparation of preliminary studies that will make it possible to implement the airport facilities development plan. The variance is also due to higher information technology expenses as the corporation continues its transition to cloud-based solutions, and to the increase in headcount compared with the same period in 2024.
Transfers to governments (payments in lieu of taxes to municipalities [PILT] and rent paid to Transport Canada) totalled $37.2 million for the quarter under review, up $1.7 million over the previous year and represented 16.0% of ADM revenues (15.5% in 2024). For the first six months of 2025, transfers amounted to $72.9 million, an increase of $1.5 million over the same six months of 2024, and represented 16.1% of ADM’s total revenues (16.2% in 2024).
Depreciation and impairment of property and equipment and right-of-use assets was $41.8 million for the second quarter of 2025, up $0.8 million, or 2.1%, over the corresponding period of 2024. As at June 30, 2025, these expenses increased by $3.4 million, or 4.2%, to $85.1 million. This increase is mainly due to the revaluation of the remaining useful life of the pick-up and drop-off areas and the multi-level parking facility in front of the airport.
Net financial expenses totalled $25.6 million for the quarter under review, up $3.3 million, or 14.9%, from the corresponding period in 2024. Cumulative net financial expenses at June 30, 2025 totalled $50.1 million, compared with $43.6 million for 2024, an increase of $6.5 million, or 14.8%, over the previous year. This variance is primarily due to a decrease in interest income generated on surplus cash stemming from lower investment rates.
Net income was $38.0 million for the second quarter ended June 30, 2025, compared with $53.0 million for the same period in 2024, a decrease of $15.0 million, or 28.5%. Net income was $61.0 million at June 30, 2025, a decrease of $28.7 million, or 32.0%, compared with the same period in 2024.
Financial situation
ADM’s net debt at June 30, 2025 was $2.37 billion, compared with $2.21 billion at December 31, 2024; see the “Non-GAAP measures” section for more information. The variance is mainly attributable to the use of cash for capital investments.
Passenger traffic
For the second quarter of 2025, traffic at YUL totalled 5.7 million passengers, up 0.9% compared with the same period in 2024. International and domestic traffic rose by 2.9% and 4.7%, respectively, while transborder traffic (U.S.) was down 7.6% compared with the second quarter of 2024.
For the first six months under review, passenger traffic totalled 10.6 million, down 0.4% compared with the same period in 2024. Transborder traffic (U.S.) was down 6.8%, while international and domestic traffic were up 0.6% and 3.2%, respectively, compared with the corresponding six months of 2024. During the period, YUL also added new destinations, including Cincinnati, Edinburgh, Bermuda, Naples and Valencia.
Sustainability at ADM
During this quarter, ADM implemented the following initiatives to pursue its commitment to sustainability:
Renewed its BOMA BEST Gold-level Sustainable Building certification, which attests to the terminal’s good energy and environmental performance at YUL. The airport was recognized for its efforts in several areas, including decarbonization, improved air quality, occupant health, accessibility, equity, and resilience.
Participated in a clean-up operation on the banks of Bouchard Creek for the third consecutive year. As part of the Allô Ruisseaux project, ADM collected 194.8 kilograms of waste. This project, carried out in collaboration with the GRAME organization, aims to improve the health of waterways on the West Island of Montreal through clean-up operations, planting vegetation, and raising awareness among citizens and businesses.
Was awarded the Platinum prize in the Overall Public Relations Program category by the Société québécoise des professionnels en relations publiques (SQPRP) for its communications campaign for the launch of the YMX Express shuttle pilot project. Launched last summer in collaboration with the City of Mirabel and several partners, this was the first public transit project on the YMX site, set up to meet the needs of Aerocity employees, visitors, and part-time workers.
Ranked 36th in the first edition of TIME and Statista’s prestigious list of the 125 best companies in Canada for 2025. ADM has distinguished itself in three areas over the past three years to achieve this ranking: employee satisfaction, organizational growth and environmental, social and governance (ESG) management.
ADM Aéroports de Montréal is the airport authority for the Greater Montréal area responsible for the management, operation and development of YUL Montréal-Trudeau International Airport, certified 4 stars under the Skytrax World Airport Star Rating program, and YMX International Aerocity of Mirabel.
MONTRÉAL, Dec. 5, 2024 /CNW/ – Last May, the Québec government announced the creation of Espace Aéro, Québec’s aerospace innovation zone. ADM Aéroports de Montréal is proud to announce the first step in the creation of the zone’s Mirabel hub, centred around YMX International Aerocity of Mirabel. The organization has acquired a building that will be transformed into a brand-new aerospace innovation centre. The 17,925 m2 building, previously owned by Lion Electric, will allow ADM to accelerate the development of the zone on its site.
“ADM already had plans to construct a building at YMX to house the Espace Aéro innovation centre. This business opportunity comes at just the right time and will help move this project forward even faster,” said Yves Beauchamp, President and CEO of ADM. “In addition to its strategic location on our site, this building meets all our criteria for carrying out the hub’s activities and thus promoting the development and commercialization of new technologies.”
Ultimately, this building will serve as a collaborative environment to bring together manufacturers, institutional and government partners in the ecosystem, academic and training institutions, researchers and students, who will focus on innovation in the two priority development areas of Espace Aéro at Mirabel: aviation decarbonization and advanced air mobility.
At the Farnborough Airshow, ADM announced a $1 million contribution to the creation of an Advanced Air Mobility Research Chair, which will focus on the use of digital twins in advanced air mobility. In September, ADM also informed ICAO of its involvement in the creation of the first Canadian Institute in Advanced Air Mobility (AAM) and its research and training projects at YMX. The institute brings together some 30 professors in the field of AAM, an emerging sector of air transport resulting from major advances in electric propulsion and the growing need to improve passenger services.
About ADM Aéroports de Montréal
ADM Aéroports de Montréal is the airport authority for the Greater Montréal area responsible for the management, operation and development of YUL Montréal-Trudeau International Airport, certified 4-stars under the Skytrax World Airport Star Rating program, and YMX International Aerocity of Mirabel.
