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Expansion Continues at Hamilton International Airport

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Richard Koroscil, President and C.E.O. is pleased to announce that Hamilton Airport Fuel Facilities Corporation (HAFFC) has entered into a long term lease agreement with Hamilton International Airport Ltd. with the construction of a jet-fuel storage facility at the Airport. HAFFC is a not-for-profit corporation, founded by member airlines WestJet, Cargojet, Air Canada, Air Canada Jazz, UPS and Kelowna Flightcraft to ensure continuity of supply.

Completed on January 1st, 2010, this state of the art common use fuel storage facility represents a total capital investment of $8 million and provides storage for 3.6 million litres of jet fuel, giving ample aviation fuel storage for airline partners operating out of Hamilton International.

“Ensuring adequate fuel supply is very important to the long term strategic growth of Hamilton International Airport. Further, with expansion capacity for two additional 1.8M litre tanks, Hamilton International is well positioned to handle significant future growth in both the cargo and passenger markets,” says Koroscil.

HAFFC is managed by FSM Management Group, the leading aviation fuel management company in the Canadian airport sector. Currently, FSM manages several airport fuel facilities across Canada including Toronto, Vancouver, Ottawa, Edmonton, Winnipeg, Halifax, Calgary and Montreal.

Wade Morrell, Vice President and Chief Financial Officer of FSM said:

“We are thrilled to be managing the ongoing operations of this jet-fuel storage facility at Hamilton International Airport as there is a great potential for future growth at Hamilton. Providing airline partners with a modern jet-fuel storage facility is a key factor in enabling an airport’s growth.”

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