GTAA Reports Modest Passenger Growth for Toronto Pearson in 2025

The Greater Toronto Airports Authority (GTAA) has released its 2025 financial and operational results, showing modest growth at Toronto Pearson, Canada’s busiest airport. Total passenger volumes increased 1.1 percent to 47.3 million compared to 2024.

Growth was driven primarily by the domestic market, while international traffic edged slightly lower, reflecting the ongoing influence of global economic and political conditions. Other factors affecting overall passenger volumes included aircraft delivery timing, supply chain challenges, extreme weather, a single aircraft incident, and a labour disruption among carriers.

The GTAA noted that 2024, being a leap year, included an extra day of operations, making year-over-year comparisons slightly more conservative.

“Despite global shifts in travel and trade, Toronto Pearson grew passenger volume overall, reflecting our competitive position, and agility that enabled airlines to redistribute their routes and networks, in response to a changing landscape,” said Deborah Flint, President and CEO.

“2026 will entail more visible outcomes from the years of foundation setting of our strategy including LIFT,” added Ms. Flint. “We are building for the future where global connectivity is even more critical for prosperity in Canada.”

Revenue for the year was $2,084.8 million, an increase of 5.5 percent, compared to the same period in 2024. The increase was primarily driven by changes in rates and fees and growth in aviation activity and passenger traffic.

The GTAA says the results highlight steady domestic demand while underscoring the sensitivity of international travel to global events.