Hearing sought for Rainbow Air's new flight plans
The hearing is expected to be scheduled for 6 p.m. on June 4 in the council's chambers.
Rainbow Air is seeking to modify its current operational flight plan as it prepares to begin operations at its new $15 million tourism center at 56 Acheson Drive. The helicopter tour operator has described its new headquarters as 'the largest private tourism development in Niagara Falls in many years.'
The project is located adjacent to the former Carborundum Center on Buffalo Avenue. It includes two new helipads and a 30,000-square-foot building that houses aviation-related features.
Representatives of Rainbow Air said they have upgraded their fleet with brand new Airbus H-130 helicopters that seat seven passengers plus the pilot. They also noted that the interiors in the new choppers are quiet enough for an audio tour to be played on speakers in the cabin, with translations into several languages for international guests.
Rainbow Air, which was established in 1995, had previously operated its tours from a landing pad near the Niagara River gorge. The tour company said that the gorge pad location required an inconvenient take-off procedure and was the source of constant noise complaints from some South End residents and businesses.
The company has been operating from the Niagara Falls International Airport during the construction of its new tourism center.
From its new location, helicopters will fly over Goat Island before making a loop over downtown Niagara Falls. After flying over the Rainbow Bridge, the helicopter will go along the Canadian side to get a view of the Horseshoe Falls before following that route back to the helipad. Flights will last between 12 and 14 minutes, depending on the weather conditions.
The tourism center is accessed off Acheson Drive from Buffalo Avenue. It includes room for three helicopters and two helipads, an outdoor dining/gathering area and parking for both cars and buses.
The single-story indoor facility contains a maintenance hangar, an aviation heritage center that will present Niagara Falls' role in the history of flight, and a retail sales area with convenience food and drink items. The facility also has an entertainment center with 15 custom-designed 3-D flight simulators that allow visitors to have the experience of flying over the Falls.
The project's architect, Aaron Faegre, said the new home for Rainbow Air was chosen to allow the company's helicopters 'a quick departure to the south, over the Niagara River,' which will allow the aircraft to 'climb to altitude quickly and minimize noise.' The flight path of the helicopters in and around the Falls is tightly controlled by the U.S. Federal Aviation Administration and Air Transport Canada.
Rainbow Air officials said they have conducted studies that show that the noise from departing helicopters at the new site is no greater than the noise of trucks operating on Buffalo Avenue.
'We sought to minimize noise downtown by moving here,' Faegre said.
Rainbow's director of operations, Paul Faltyn, has said the project will allow Rainbow to become 'a year-round destination' in the Falls.
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Accordingly, these measures should not be considered in isolation or as a substitute for analysis of our financial information reported under IFRS. We use non-IFRS measures to provide investors with supplemental measures. Management also uses non-IFRS measures internally in order to facilitate operating performance comparisons from period to period, prepare annual operating budgets and assess our ability to meet our future debt service, capital expenditure and working capital requirements. Management believes these non-IFRS measures and industry metrics are important supplemental measures of operating performance because they eliminate items that have less bearing on operating performance and highlight trends in the core business that may not otherwise be apparent when relying solely on IFRS financial measures. Management believes such measures allow for assessment of our operating performance and financial condition on a basis that is more consistent and comparable between reporting periods. We also believe that securities analysts, investors and other interested parties frequently use non-IFRS measures in the evaluation of public companies. Definitions of non-IFRS measures and industry metrics used in this press release are provided below. 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To listen to the webcast live: The webcast will be archived and available in the Investor Relations section of our website following the call. About Anaergia Anaergia is a pioneering technology company in the renewable natural gas ('RNG') sector, with over 250 patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer, and water. We are committed to addressing a significant source of greenhouse gases ('GHGs') through cost-effective processes. Our proprietary technologies, combined with our engineering expertise and vast experience in facility design, construction, and operation, position Anaergia as a leader in the RNG industry. With a proven track record of delivering hundreds of innovative projects over the past decade, we are well-equipped to tackle today's critical resource recovery challenges through diverse project delivery methods. As one of the few companies worldwide offering an integrated portfolio of end-to-end solutions, we effectively combine solid waste processing, wastewater treatment, organics recovery, high-efficiency anaerobic digestion, and biomethane production. Additionally, we operate RNG facilities owned by both third parties and Anaergia. This comprehensive approach not only reduces environmental impact but also significantly lowers costs associated with waste and wastewater treatment while mitigating GHG emissions. For further information please see: Forward-Looking Statements This press release contains 'forward-looking information' within the meaning of applicable securities laws. Forward-looking information may relate to future plans, expectations and intentions, results, levels of activity, performance, goals or achievements, other future events or developments and may include, without limitation, information regarding our financial position, business strategy, growth strategy, budgets, operations, financial results, taxes, plans and objectives. Particularly, information regarding our future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as 'may', 'will', 'would', 'should', 'could', 'expects', 'plans', 'intends', 'estimate', 'believes', 'likely', 'potential', 'continue', or 'future' or the negative or other variations of these words or other comparable words or phrases. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not facts but instead represent management's expectations, estimates and projections regarding future events or circumstances. Forward-looking statements in this press release include, among other things, statements relating to financial condition and results of operations; Company's strategic growth plan; and statements regarding the Company's Revenue Backlog and potential future sales. Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that we considered appropriate and reasonable as of the date such statements were made. It is also subject to known and unknown risks, uncertainties, assumptions and other factors that may cause our actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risk factors described in the Company's annual information form and management's discussion and analysis for the year ended December 31, 2024. Certain assumptions in respect of our ability to execute on our expansion plans; our ability to obtain or maintain existing financing on acceptable terms; and our ability of realizing the anticipated benefits of such are material factors underlying forward looking information and management's expectations. The purpose of the forward-looking statements in this press release is to provide the reader with a description of management's current expectations regarding the Company's financial performance and may not be appropriate for other purposes. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information, which speaks only to opinions, estimates and assumptions as of the date made. Furthermore, unless otherwise stated, the forward-looking statements contained in this press release are made as of the date of this press release, and we have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. 1 'Adjusted EBITDA' is a non-IFRS measure.
