Exclusive Content:

Home Office Blunder: Thousands of Deportation-Intended Migrants Missing Before Rwanda Flights

A recent revelation has cast a glaring spotlight on...

Taxes: here is the (large) amount of the advance that the tax authorities will pay you on Monday January 15

The end-of-year holidays have just ended and it is...

Weather: what will the weather be like in February, March and April?

At the start of 2024, the temperatures on the...

Montreal Airports | Approximately $1.2 million in bonuses for Montréal-Trudeau managers

spot_img

The resumption of travel coincided with the return of bonuses at Aéroports de Montréal (ADM) as the senior management of the manager of Montreal-Trudeau was entitled to 1.2 million even if the airport did not escape the chaotic scenes — like endless queues — seen all over the world.

This information appears in the annual report of the non-profit organization, unveiled Thursday, on the occasion of its meeting. Its nine main leaders were not entitled to this treatment in 2021.

Asked on the sidelines of the annual meeting, the president and CEO of ADM, Philippe Rainville, first explained that the decision to grant bonuses was up to the board of directors.

“We had our share of problems, absolutely,” he admitted. It is up to the board, based on the objectives that have been set for us, it is them (the directors), who have determined what we deserve or not. »

ADM’s annual report does not specify the amount granted to each of the managers who are eligible for bonuses. Mr. Rainville would not disclose the amount to which he was entitled. It’s on top of his 2022 salary of $536,000.

After a summer marked by flight cancellations, delays and lost luggage, the ADM leader was more optimistic about the upcoming summer season. Airlines have hired staff, he said, adding that so too have agencies like the Canadian Air Transport Security Authority (CATSA) — which provides security at airports. .

“In general, after the summer we experienced last summer, the system should be operating normally,” Rainville said.

ADM also took advantage of its annual meeting to present its financial results for the first quarter ending March 31. Montréal-Trudeau, among other things, welcomed 4.5 million passengers, which represents 96.7% of the traffic observed during the same period in 2019, before the COVID-19 pandemic.

The non-profit organization posted revenues of 186 million, up 81%. By the same time in 2022, the Omicron variant had disrupted airport operations. ADM posted a surplus of 25.6 million, compared to a shortfall of 35.6 million in the first quarter of 2022.

Latest articles

Tragic Crash at White House Perimeter Gate Claims Driver’s Life, Secret Service Clarifies Incident

Tragic Accident at White House Gate In a tragic turn of events, a driver lost...

Anne Hathaway Captivates in The Idea of You: A Deep Dive Film Analysis

Anne Hathaway's Compelling Performance: Delving into the Heart of "The Idea of You" Anne Hathaway's...

Nvidia and AMD Stocks React as Semiconductor Sector Faces Turbulence

The semiconductor market experienced significant fluctuations as Nvidia and AMD stocks reacted to industry...

Adrian Newey Announces Departure: Red Bull Racing Faces Transition in F1 Design Leadership

End of an Era: Adrian Newey Announces Departure from Red Bull Racing In a significant...

More like this

Home Office Blunder: Thousands of Deportation-Intended Migrants Missing Before Rwanda Flights

A recent revelation has cast a glaring spotlight on the Home Office, as it...

Taxes: here is the (large) amount of the advance that the tax authorities will pay you on Monday January 15

The end-of-year holidays have just ended and it is nice to benefit from an...

Weather: what will the weather be like in February, March and April?

At the start of 2024, the temperatures on the thermometer are enough to make...