to allow jets. Operations PortsToronto operates the Billy Bishop Toronto City Airport, Billy Bishop Toronto City Water Aerodrome, Port of Toronto, the International Marine Passenger Terminal and the Outer Harbour Marina. PT also provides regulatory controls and public works for marine and air navigation in the port and harbour of Toronto. PT grants operator's permits to recreational boaters in the harbour of Toronto, oversees land development, engages in trade development for its terminals, and appoints the Harbour Master. PT has a staff of 110 full-time employees and approximately 25 seasonal and part-time workers. As of December 2008, the organization had million in capital assets. Billy Bishop Toronto City Airport Billy Bishop Toronto City Airport, or Toronto Island Airport, is located at the western end of Toronto Islands. Operation of the airport is governed by a 1983 tripartite agreement between the Toronto Harbour Commission, the Government of Canada and the City of Toronto. The majority of the airport land (78%) is owned by PortsToronto with two small sections owned by the Government of Canada and a small section owned by the city. The small portion of city-owned land is leased to PortsToronto for a nominal amount until 2033 under the 1983 agreement. Access to the airport is by ferry services operated by PortsToronto and a pedestrian tunnel. Built in 1939 on land dredged from the harbour, it has two runways which can accommodate the smaller planes of regional scheduled airlines and general aviation aircraft. The 1983 agreement prohibits jet airplanes except in emergencies. In 2007, the number of landings and take-offs at the airport was 90,199. Because of its location near downtown and its tall buildings, industrial smokestacks and a wind turbine, air traffic into and out of the airport is controlled with approaches and departures routed over the lake. A seaplane base is located just east of the main apron. The airport is also used for medical flights. The airport has been the site of operations of several regional airlines since the 1980s. The first airline was City Express, until 1990. This was followed by Air Ontario and Air Canada Jazz. Since 2006, Porter Airlines has operated out of the airport. The airline currently flies to more than 20 regional destinations including Ottawa, Montreal and Newark, Chicago, Boston, Halifax and Quebec City. The airport handled 2.8 million passengers in 2018. Port of Toronto The Port of Toronto is located at