The Greater Toronto Airports Authority (GTAA) has announced a 3% increase in passenger volumes at Toronto Pearson International Airport for the second quarter of 2026, reaching 12.4 million. This growth is primarily driven by a surge in domestic travel and modest international passenger increases, despite a decline in travel to the United States.
Toronto Pearson's performance in Q2 2026 is bolstered by the airport's strategic initiatives and efficient operations during the FIFA World Cup. Deborah Flint, President and CEO of GTAA, highlighted the airport's competitive position, stating, "With passenger volumes up over 3% for the quarter and year-to-date, alongside growth in revenue and EBITDA, these results reflect the advancement of our strategic priorities."
Financially, the airport reported a revenue increase of 8.8% for the quarter, totalling $5.666 billion (US$5.666 billion), with year-to-date revenue reaching $10.891 billion (US$10.891 billion)—an 8% rise compared to the same period in 2025. The airport's EBITDA also saw a 6.2% increase, reaching $2.772 billion (US$2.772 billion) for the quarter.
The GTAA's LIFT programme, which includes the T1-T3 Revitalisation and Gateway programmes, is progressing, aiming to enhance Toronto Pearson's role as a key connector for people and goods. However, the airport's net income for the first half of 2026 decreased by 5.4% due to an asset write-down in Q1.
Looking ahead, Toronto Pearson remains vigilant of global economic uncertainties, adapting its strategies to maintain its growth trajectory. The detailed financial results are available in the GTAA's Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis
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