NAV CANADA announces fiscal 2025 third quarter financial results

OTTAWA, ON, July 10, 2025 /CNW/ - NAV CANADA today released its financial results for the three and nine months ended May 31, 2025.

In the third quarter of fiscal 2025, the Company saw a further increase in air traffic levels, as measured in weighted charging units(1), of 4.5% on a year over year basis. The Company's revenue for the third quarter of fiscal 2025 was $466 million, compared to $433 million over the same period in fiscal 2024.

During this quarter, NAV CANADA's financial performance demonstrated strong operating results, reflecting increased air traffic levels and the Company's commitment to fiscal responsibility. NAV CANADA is proud to have earned prestigious recognitions, including the CANSO level 2 GreenATM Environmental Accreditation and the CANSO Global Safety Achievement Award, underscoring our commitment to excellence, sustainability and safety.

"Traffic figures reflect the industry's resilience and operational strength despite recent headwinds," says Mark Cooper, NAV CANADA's President and CEO. "By continuously investing in our people and technology, we are building a foundation for long-term success. We remain focused on maintaining this momentum and delivering value to all our stakeholders."

The Company is closely monitoring external events, assessing our risks and positioning ourselves ...