Connect with us

Infra

CIB invests in new domestic passenger terminal at Montreal Metropolitan Airport

Published

on

Partnership with CIB, Macquarie and Porter supports increased travel demand

Disponible en français

  • CIB reached financial close on a $90 million investment towards a new domestic commercial passenger terminal at MET – Montreal Metropolitan Airport.
  • The new terminal will provide a convenient way for passengers travelling to and from major cities across Canada to access Montreal.
  • New terminal, scheduled to open in 2025, will provide modernized airport amenities for up to approximately four million travellers per year.

LONGUEUIL, QC, Feb. 6, 2024 /CNW/ – The Canada Infrastructure Bank (CIB) is investing $90 million in the new domestic passenger terminal at MET – Montreal Metropolitan Airport (YHU), formerly known as the Saint-Hubert Airport. The terminal development project is a partnership between Macquarie Asset Management and Porter Aviation Holdings Inc.

The CIB’s investment enables the development of a new domestic airport terminal to enhance mobility options for Canadians travelling to and from the Montreal area, while supporting economic opportunities in the Greater Montreal region.