Cross-border traffic with the United States declined in the second quarter at Montreal-Trudeau Airport, partially offset by increased domestic and international traffic. ADM Aéroports de Montréal reported Wednesday that it welcomed a total of 5.7 million passengers at the airport during the quarter ending June 30. This represents a 0.9 per cent increase over the same period last year. This slight increase offset a first quarter marked by tensions between the United States and Canada. However, passenger numbers remain down for the first half of the year compared to the first half of 2024. In the second quarter of 2025, cross-border traffic declined by 7.6 per cent, while domestic and international traffic increased by 4.7 per cent and 2.9 per cent, respectively. ADM President and CEO Yves Beauchamp said in a statement that flight operations are running smoothly despite roadwork leading to the airport and weather conditions. On the financial front, ADM’s revenues totalled $232.4 million in the second quarter, up 1.4 per cent from $229.2 million in the same period last year. The organization attributes this increase to higher airport improvement fees and other aviation charges, which offset lower traffic in the first half of the year. Net income before interest, taxes, depreciation, and amortization (EBITDA) reached $105.4 million in the second quarter, compared to $116.3 million last year. As of June 30, ADM’s net debt stood at $2.37 billion. This is the difference between the gross outstanding balance of long-term debt and the amount available in cash. It was $2.16 billion on the same date last year. Operating expenses rose 10.4 per cent in the second quarter to $194.4 million. According to ADM, these expenses are mainly related to studies for the development of facilities. ADM Aéroports de Montréal is the airport authority responsible for the management, operation and development of YUL Montréal-Trudeau International Airport and YMX Mirabel International Airport. This report by The Canadian Press was first published in French on Aug. 6, 2025.
