Vancouver airport, pax up by 9.5% in first 10 months 2016
Vancouver International Airport (YVR) reported a record-breaking year in passenger growth, welcoming over 18.8 million passengers between January and October 2016, or representing a year-over-year growth rate of 9.5%. This increase is largely recognized in Air Canada’s expansion of their transpacific hub out of YVR, representing approximately 50% of passengers at YVR and serving over 55 destinations worldwide.
The airport said that between January and October 2016, Air Canada reached a record high for capacity with 10.9 million seats – an increase of 12% Yoy. The airline’s international sector, which includes the Asia Pacific, Europe and Latin America, led the growth with a 22.6% increase.
In 2016, YVR introduced a new five-year airline rates and charges program, ConnectYVR. It claimed that the program provides a highly competitive rate structure and includes rates lower than any other major airport in Canada and competing US airports. This program, alongside YVR’s world-class facility and convenient geographical location has aided the growth of Air Canada’s successful transpacific hub.
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