Building A Better Airport
Ten Year Strategy
In 2012 we announced a 10-year strategy outlining $1.8 billion in improvements designed to keep YVR competitive and an economic generator for British Columbia. With increasing competition for the growing Asian market from other airports, both travellers and airlines have choices. To capture that market, we must continue to invest in projects that make it easier and faster for passengers to move through the airport.
To help fund these improvements, the Airport Authority increased the Airport Improvement Fee (AIF) from $15 to $20 for passengers travelling to destinations outside of B.C.; this increase went into effect on May 1, 2012. Passengers travelling within B.C. and to the Yukon continue to pay $5. Since it was introduced in 1993, the AIF has helped build a new international terminal, a new runway, roads and bridges, airfield safety improvements and the Sea Island portion of the Canada Line.
Every penny of the AIF will continue to go toward building a better airport for B.C.
To be successful in an increasingly competitive market, we continued to focus on delivering a cost-effective, high-value airport in 2012, encouraging air carriers to enhance services to YVR. Introduced in 2011, the Gateway Incentive Program makes YVR more attractive to airlines by freezing landing and terminal fees at 2010 levels for five years. In 2012, 21 airlines participated in the program, together increasing capacity by 5.4%.