Nav Canada to cut airline fees by almost 8% on average starting in September

The air traffic control company that charges airlines for taking off, landing and flying through Canadian air space will charge them less for their services starting in September, a move that could save airlines up to C$100m in the coming year. Nav Canada said Monday that it will cut its service charges by an average of $7.6 starting Sept 1, 2016. As a non-profit, Nav Canada is mandated to only charge enough to cover its cost and maintain the system in a safe and effective way. Recent efficiencies have warranted the cuts in what the company charges its customers. "Strong traffic growth, coupled with cost controls and targeted strategic investments in the air navigation system, have put us in a position to deliver savings to customers," CE Neil Wilson said. <br/>
CBC
http://www.cbc.ca/news/business/nav-canada-airline-fees-1.3683594
7/18/16