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Toronto Pearson International Airport currently has 3 operating terminals -- (New) Terminal 1 (or T-New), Terminal 2, and Terminal 3. T-New opened on April 6, 2004, with Air Canada being its major tenant. The old Terminal 1, which has since closed, is being demolished to make room for additional gates at T-New. In 2005 after the old Terminal 1 is completely demolished, the southern portion of Terminal 2 will be torn down, to be replaced with a new pier extending from T-New. By 2008, Terminal 2 will be completely torn down and by 2015, Pearson will then consist of T-New and Terminal 3, capable of handling up to 50 million passengers annually. Ultimately, T-New and Terminal 3 will be connected to form a 'super-terminal,' but a precise schedule for this project is undetermined.
It was originally known as Malton Airport (since 1939), then renamed Toronto International Airport in 1960, and later Lester B. Pearson International Airport in 1984, before its present name was given.
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After the September 11, 2001 Terrorist Attack, Pearson International received 19 of the diverted flights that were coming into the United States. All civil aviation flights over North America were suspended for 3 days and ordered to land immediately.
The airport is located about 32 km (20 miles) from downtown Toronto. It is accessible from Highway 427 (just north of the Highway 401 interchange) or from Highway 409, from Highway 401. Highway 409 leads directly into the airport.
Pearson is also regularly served by two TTC bus lines connecting to Kipling and Lawrence West subway stations.
On November 13, 2003, Union Pearson AirLink Group, a subsidiary of SNC-Lavalin , was selected to finance, design, construct, operate, and maintain an air-rail link connecting Pearson with Toronto's Union Station. The service will be called Blue22 and will speed passengers from Pearson to Union Station in 20 minutes. The air-rail link is expected to eliminate 1.5 million car trips annually in the first year of operation. The project remains controversial, as only 17% of people coming through Pearson travel to downtown Toronto; however, the route will pass a subway station with a train platform which, if used, would allow riders to travel faster elsewhere. The total cost of the project is expected to be between $300 and $500 million CDN.