NAV CANADA announces changes to customer service charges
August 12, 2020 – Ottawa - NAV CANADA today announced it
will proceed with its proposal to increase customer service charges consistent
with the proposal to revise service charges and Notice issued May 20, 2020.
The increase is required to allow the Company to achieve a
minimum level of revenue in its fiscal 2021 year thereby facilitating the
additional borrowings which are needed to provide NAV CANADA with sufficient
liquidity to weather the COVID-19 pandemic.
The service charge increases average 29.5% on overall rate
levels and are effective September 1, 2020, except where otherwise noted. The Announcement includes provisions to ease
the cash flow impact of the increases on its customers through payment deferral
Prior to issuance of the associated May 2020 Notice and
continuing throughout the consultation period the Company explored all options,
including Federal Government assistance, with the objective of eliminating the
need for the increase. Despite these
efforts no alternative was found, and the Company has proceeded with today’s
Announcement after full consideration of the input received during the
About NAV CANADA
NAV CANADA is a private, not-for-profit company, established
in 1996, providing air traffic control, airport advisory services, weather
briefings and aeronautical information services for more than 18 million square
kilometres of Canadian domestic and international airspace.
The Company is internationally recognized for its safety
record, and technology innovation. Air traffic management systems developed by
NAV CANADA are used by air navigation service providers in countries worldwide.
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