It now operates as a civilian airport, with one of the original parallel runways decommissioned and now a significant portion of Gimli Motorsports Park.

Flying-related activities here include use by the Manitoba government's water bomber squadron, the Gimli Cadet Flying Site, 182 GM Stefnusfastur Squadron - Royal Canadian Air Cadets, Interlake Aviation flight school and charter service, and Prairie Helicopters - a helicopter charter and training company.

In recent summers, the airport hosted glider pilot training for air cadets as Regional Gliding School (Northwest).

In 1983, the airport became famous when a Boeing 767 (C-GAUN) of Air Canada ran out of fuel over southern Manitoba and successfully glided to a landing at Gimli Motorsports Park.

[3] Three people were killed on August 27, 1992 when a NewCal Aviation turbine-modified de Havilland Canada DHC-4 Caribou they were aboard crashed on the airfield during climb-out after a short take-off from the airport.