By 1972-1973, Pitt Meadows was the busiest airport in Canada with over 250,000 aircraft movements annually. But with the opening of Boundary Bay Airport in Delta, British Columbia in 1983, air traffic at Pitt Meadows Airport declined steadily.
In January 1998, the districts of Maple Ridge and Pitt Meadows jointly took custody from the federal government under the auspices of the Pitt Meadows Airport Society.
Five flight training schools are located at the airport. The airport features three asphalt runways, two helipads, IFR approaches, and a separate float plane dock along the Fraser River.
In addition to increased apron space, hangars and other buildings, by 2010 runway 08R/26L is expected to be expanded to 5,740 ft (1,750 m) long and 150 ft (46 m) wide, allowing for regional turboprop and jet service, as well as additional taxiways and an end-of-runway turnaround on 08R/26L.