Vancouver Airport traffic soars to new record in 2018
Vancouver International Airport (YVR) posted a year of record-breaking passenger growth for 2018.
YVR welcomed more than 25.9 million passengers, a 7.3% increase over 2017, reaching its 25 million passenger milestone two years ahead of forecast.
International traffic numbers climbed 8.5%.
“This is an exciting time of incredible growth at YVR. We look forward to unveiling some of the projects under our current multi-billion-dollar construction program to address this growth and build the airport of the future,” said Craig Richmond, President & CEO, Vancouver Airport Authority, referring to the airport’s C$9.1 billion (US$6.9 billion) expansion program.
The airport’s passenger growth was fueled by Air Canada, which has chosen YVR as its premier trans-Pacific hub.
YVR is on track to serve more than 29 million passengers in 2020, with projections indicating the airport will serve 32 million by 2022.
To facilitate growth, YVR is investing C$9.1 billion (US$6.9 billion) in its expansion program, which includes 75 major capital improvement projects scheduled over the next 20 years.