President's Perspective: March 2012

Vancouver Airport Authority works closely with all levels of government to ensure we work in the best interests of our community. One of our recent successes working with the Province of British Columbia has been the elimination of the aviation fuel tax for international flights in and out of B.C. airports, including YVR, as of April 1, 2012.

The provincial government’s commitment will encourage new air services and increased frequencies, which in turn will offer more travel options for British Columbians. Expanded air service to and from YVR contributes substantially to British Columbia’s economy, with every new daily international flight creating between 150 and 200 jobs at the airport, adding to the 23,600 people who currently work at YVR.

Aviation fuel tax relief is an important strategy that supports Canada’s Pacific Gateway. It makes it easier for airports in B.C. to compete for international traffic with airports in other jurisdictions such as Alberta and Washington State that do not have this type of tax. The Airport Authority and its airline partners are also hard at work on other initiatives, including a five-year incentive program to increase routes and capacity at YVR. The additional flights we expect to attract to YVR by 2020 will enable B.C. companies to access more markets and customers, as well as a wider base of suppliers, business partners and employees.

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