Craig Richmond, president and CEO of the Vancouver Airport Authority, announced to the Greater Vancouver Board of Trade on Sept. 12 that the Vancouver International Airport Improvement Fee is increasing. (Vancouver Airport Authority photo)

Another $5 jump in airport fee to fly out of B.C. at YVR

Airlines will start charging the new rate on Dec. 12 for travel Jan. 1, 2020 onward

The Vancouver International Airport announced Thursday it’s increasing the airport improvement fee.

The charge, included in the taxes on each departing ticket, will rise from $20 to $25 for passengers travelling outside of the province, effective Dec. 12 for travel from Jan. 1, 2020 onward.

Passengers travelling within B.C. and to the Yukon will continue to pay the discounted rate of $5.

Craig Richmond, president and CEO of the Vancouver Airport Authority, said the increase might not be popular, but it’s “absolutely necessary” for the airport’s long-term financial health.

“When we looked out at our capital asset requirements, our debt load and interest coverage ratio, our anticipated passenger traffic and thus aeronautical and non-aeronautical revenue, we determined an increase is necessary to ensure the long-term financial health of the airport,” Richmond said, making the announcement in an address to the Greater Vancouver Board of Trade.

READ MORE: Vancouver International Airport to get $9B expansion

According to a news release, YVR earns revenue from three main sources: aeronautical revenue (25 per cent), non-aeronautical revenue (44 per cent) and the airport improvement fee (31 per cent), as of 2018.

“If we took away the [fee], YVR wouldn’t be able to keep up,” Richmond said. “We wouldn’t be able to make sound decisions that have the success of future generations in mind or meet regulatory requirements.”

Infrastructure would wear down, the passenger experience would decline and people would choose other airports for connections, he said.

The fee will still be one of the lowest among the eight major Canadian airports, with only the Ottawa International Airport collecting a lower fee of $23.

Screenshot from Vancouver Airport Authority backgrounder.

The fee was first introduced in 1993 and can only be used to pay for capital infrastructure projects, such as terminals and runways. In 2012, it went up from $15 to $20.

YVR has collected $2.2 billion from it and spent $3.7 billion on capital projects since its inception.

READ MORE: $5 jump in airport fee to fly out of B.C. at YVR



karissa.gall@blackpress.ca

Like us on Facebook and follow us on Twitter

Just Posted

Snowfall warning for Kootenay and Paulson passes

Up to 30 cm expected in mountain passes Saturday and Sunday.

RCMP report

Some of the more interesting callouts for Columbia Valley RCMP November 4-10th

Moose tests positive for Chronic Wasting Disease in northwest Montana

This is the first time the disease has been detected in the species in Montana

Watching our water footprint

Lake Windermere Ambassadors coordinator walks through water footprint

Films celebrate passionate people and places

Get your tickets now for upcoming Wild & Scenic Film Festival

Teen with cancer whose viral video urged Canadians to vote has died, uncle tweets

Maddison Yetman had been looking forward to voting in her first federal election since junior high school

Rowing Canada, UVic investigate celebrated coach for harassment, abuse

Lily Copeland says she felt intimidated and trapped by Williams

Cleanup in the works after tanker truck fire leads to oil spill in B.C.’s Peace region

The province said the majority of the spilled oil likely burned away in the fire.

BC VIEWS: Action needed on healthcare workplace violence

While we’ve been talking about it, the number of B.C. victims has only grown

Closing arguments begin in B.C. case launched in 2009 over private health care

Dr. Day said he illegally opened the Cambie Surgery Centre in 1996 in order to create more operating-room time

MacLean says “Coach’s Corner is no more” following Cherry’s dismissal from Hockey Night

Cherry had singled out new immigrants in for not honouring Canada’s veterans and fallen soldiers

MacKinnon powers Avs to 5-4 OT win over Canucks

Vancouver battled back late to pick up single point

Dallas Smith, Terri Clark to perform on CP Holiday Train’s B.C. stops

Annual festive food bank fundraiser rolling across province from Dec. 11 to 17

Poole’s Land finale: Tofino’s legendary ‘hippie commune’ being dismantled

Series of land-use fines inspire owner Michael Poole to sell the roughly 20-acre property.

Most Read