Quote:
Originally Posted by Hourglass
Yup, agree... unless the airport is severely capacity constrained (think Kai Tak in HK pre 1998 before Chek Lap Kok was built).
But if this isn't really the case with YYC, and given the limited market size (as you point out), then I can't help but think the new international terminal seems like overkill: 2 million square feet of terminal space (doubling the size of the airport) and the addition of 24 international gates. I mean, I believe YVR only has around 34 international gates at present.
Maybe they're simply future proofing against long-term growth, but one can't help but wonder if YYC is also angling to try to grab some international transfer traffic?
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Funny I was going to go back and edit about terminal or even runway constraints.
But yeah the "if we build it, they will come" strategy doesn't really work.
I'm sure YYC would love to grab some more international transfer traffic and perhaps the experience there will be fantastic. But at the end of the day YVR just seems to be gaining new flights from all over the place and this trend is not slowing. Although recently YYC has had some wins with Edelweiss and Hainan.
In a more local context YYC is gaining some traffic at YEG's expense as Alberta continues to struggle a bit. This winter both AC and WS are drawing down capacity further at YEG... meanwhile YYC is relatively flat. YYC is becoming a more significant gateway to the north. Both AC and WS are slowly shifting more capacity from the North to YYC from YEG. The AC offerings from YEG this winter are significantly lower than I have seen in ages. However, all this means both AC and WS are trying to support their hubs at YYC more or less.