Nav Canada To Refund $60 Million To Users

While the aviation industry in the U.S. is fighting hard to oppose proposals to privatize the air traffic system, Nav Canada, the private not-for-profit company that runs Canada's ATC, said recently it will refund $60 million in fees to its customers this year. "Higher than expected traffic growth this year has put us in a position to be able to refund [these fees] to our customers," said CEO Neil Wilson, in a news release on Aug. 11. "In the past, Nav Canada has spread the return of previous years' surpluses, when applicable, by temporarily reducing rates for the coming year. With the unusually high traffic growth, we decided to implement a refund, which will enable our customers to fully benefit sooner." Fees are also going down, effective Sept. 1, with a 3.5 percent average reduction to base rates and a 0.4 percent one-time rate reduction.


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