YVR Airport & Sea Island Developments Discussion

[thenoflyzone]

Originally Posted by zahav

PS, I wonder when noflyzone will chime in and downplay the traffic results and make excuses as to why the numbers are artificially high

http://www.yvr.ca/en/about-yvr/facts-and-stats

My official response will be issued tomorrow at 9 am EST.

[Johnny Aussie]

Looking at YVR's Feb figures... definitely boosted by Chinese New Year but definitely higher across the board than I expected too.

Domestic was up 55,900
Ttl Int'l was up 124,800
Overall was up 180,700

Those are some impressive gains!

[thenoflyzone]

Originally Posted by zahav

PS, I wonder when noflyzone will chime in and downplay the traffic results and make excuses as to why the numbers are artificially high

News Releases

MONTREAL, April 19, 2018 /Thenoflyzone Inc.

Meh....

Source: Thenoflyzone

Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.

These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

[zahav]

[casper]

Originally Posted by thenoflyzone

News Releases

MONTREAL, April 19, 2018 /Thenoflyzone Inc.

Meh....

Source: Thenoflyzone

Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.

These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

Based on recent reaction from the Montreal investment comunity it is safe to say that the expected growth in Vancouver will not have a Material impact on Montreal airports. Slight increase in transfer passangers from Montreal is expected.

[SpongeG]

does WS = westjet? what is the S for?

[teriyaki]

Originally Posted by SpongeG

does WS = westjet? what is the S for?

Don't think it necessarily stands for anything. They likely wanted WJ, but was probably already taken at the time of applying for it.

Airline codes don't necessarily match with their names.

Example, both Canadian Airlines (Formerly Canadian Pacific) and Cathay Pacific Airlines have the abbreviation CP. CP went to Canadian Airlines and Cathay uses CX. Plenty of other odd ones out there.

[casper]

Originally Posted by SpongeG

does WS = westjet? what is the S for?

It is a bit of a first come first serve thing. The IATA (basically the UN) in Montreal hands out these codes to airlines and makes certain they are unique since they show up in airline tickets and other place. Similar to domain names.

Air Labrador has WJ. They were founded in the 1940s so they beat out WestJet.

[LeftCoaster]

Thanks for emailing Zahav. I really wish they would just post the data and not make us ask, but this month was worth waiting for!

Here it is in the traditional format that I think Johnny crafted:

Domestic up 6.9%
International up 14.8%

---------

Total pax count up 11.0% and over 180,724 compared to February 2017.

---------

Int'l breakdown by sector:

Transborder up 11.0%
Asia Pacific up 18.6%
Europe up 4.6%
Misc Int'l up 30.1%

This growth just continues to defy expectations.

18.6% growth in Asia pacific is astounding, since it's already YVR's largest intl subset. Just to put it into perspective:

Raw asiapac growth was 51,324... That's the equivalent of 124 completely full new 747s in one month!

I doubt numbers like this will continue through the year, especially considering the FEb Chinese New Year effect, but the first two months of traffic at YVR already have the total growth near 10% which would propel the airport straight through the milestone of 25 million and into 26.5 million.

http://www.yvr.ca/-/media/yvr/documents/...y/traffic-update-february-2018.pdf?la=en

[SpongeG]

thanks for the info.

The westjet smaller regional flights still use a tent basically for walking to the terminal. Is that going to be upgraded during this next phase of the expansion or is that still a long way off?

[connect2source]

Air Canada is rebranding International Business Class as Signature Service. All but North American Business Class will be rebranded, every aircraft, 787's 777's A330's and 767's with pods or classic pods will be Signature Service, they've added concierge and BMW valet service as well.

I like a stand-alone brand over simply Business Class, much stronger IMO.

https://www.aircanada.com/ca/en/aco/home...icid=ac|achome|signature|caen|180417|bnr

[casper]

Originally Posted by connect2source

Air Canada is rebranding International Business Class as Signature Service. All but North American Business Class will be rebranded, every aircraft, 787's 777's A330's and 767's with pods or classic pods will be Signature Service, they've added concierge and BMW valet service as well.

I like a stand-alone brand over simply Business Class, much stronger IMO.

https://www.aircanada.com/ca/en/aco/home...icid=ac|achome|signature|caen|180417|bnr

What is interesting is yyz has a special dedicated signiture lounge with table service. Very up scale and complimentary to the Maple leaf lounge. Wondering if and when we see something similar in Vancouver.

[deasine]

Originally Posted by connect2source

Air Canada is rebranding International Business Class as Signature Service. All but North American Business Class will be rebranded, every aircraft, 787's 777's A330's and 767's with pods or classic pods will be Signature Service, they've added concierge and BMW valet service as well.

I like a stand-alone brand over simply Business Class, much stronger IMO.

https://www.aircanada.com/ca/en/aco/home...icid=ac|achome|signature|caen|180417|bnr

I think Air Canada is simply reacting to the trends of the industry. It's more common now especially amongst North American Airlines to brand cabins (e.g. Delta One, United Polaris, Virgin Upper Class, British Airways ClubWorld/ClubEurope).

Personally, I think airlines need to be quite careful with this: it can add distinguishing amongst your competitors, but it can also create confusion. BA's Club World is an example (for those of you who aren't aware, it's BA's Business Class for international flights) whereas Virgin Upper Class is a bit clearer.

I think Air Canada's attempt is unusual. Without reading the information, as a consumer, I wouldn't know if they are using this as an adjective or a service, and if it is a service, then how does this distinguish between Concierge and Signature. AC isn't being consistent either as Business Class and Signature Class is often used interchangeably (try booking a ticket). I think there's a bit of work needed to make this a real value add to the industry.

[YYCguys]

Originally Posted by SpongeG

thanks for the info.

The westjet smaller regional flights still use a tent basically for walking to the terminal. Is that going to be upgraded during this next phase of the expansion or is that still a long way off?

That is a pretty pathetic set up, isn’t it? I, too, hope for an upgrade to that part of the terminal. I like YEG’s set up for AC Express and Westjet Encore. It’s a permanent structure and is definitely nicer than YYC’s or YVR’s set up.

[s211]

Originally Posted by deasine

I think Air Canada is simply reacting to the trends of the industry. It's more common now especially amongst North American Airlines to brand cabins (e.g. Delta One, United Polaris, Virgin Upper Class, British Airways ClubWorld/ClubEurope).

Personally, I think airlines need to be quite careful with this: it can add distinguishing amongst your competitors, but it can also create confusion. BA's Club World is an example (for those of you who aren't aware, it's BA's Business Class for international flights) whereas Virgin Upper Class is a bit clearer.

I think Air Canada's attempt is unusual. Without reading the information, as a consumer, I wouldn't know if they are using this as an adjective or a service, and if it is a service, then how does this distinguish between Concierge and Signature. AC isn't being consistent either as Business Class and Signature Class is often used interchangeably (try booking a ticket). I think there's a bit of work needed to make this a real value add to the industry.

Count me in with the confused. Did 789 business class a few months ago to Newark. Simple, easy to comprehend. Now I can't tell if there's more than one version of business class.

[casper]

Originally Posted by s211

Count me in with the confused. Did 789 business class a few months ago to Newark. Simple, easy to comprehend. Now I can't tell if there's more than one version of business class.

There is.

The 789, A330, 767 (non-rouge), 788 and 777 all have seats that open out into a bed. In the old day this was called "Executive First" by AC.

All the narrow body aircraft and Rouge 767 have a recliner seat that is wider, more comfortable and has more leg room than economy but it is not a pod that becomes a bed. In the old days that was called "Executive" class by AC.

[twoNeurons]

Originally Posted by SpongeG

does WS = westjet? what is the S for?

WeStjet.

Actually, the IATA code WS is not unique to WestJet, so it also has the unique three-letter abbrevation WJA ( means WestJet Airlines ). It shares WS with:

+------+------------------------+---------------+---------------+
| ICAO |        Airline         |   Callsign    |    Country    |
+------+------------------------+---------------+---------------+
| WJA  | WestJet                | WESTJET       | Canada        |
| WAA  | Westair Aviation       | WESTAIR WINGS | Namibia       |
| WSC  | Westair Cargo Airlines | WESTCAR       | Côte d'Ivoire |
| PCM  | Westair Industries     | PAC VALLEY    | United States |
| BLK  | Westcoast Energy       | BLUE FLAME    | Canada        |
+------+------------------------+---------------+---------------+

Air Canada is ACA (IATA = AC)
Cathay Pacific is CPA (IATA = CX)
Singapore Airlines is SIA (IATA = SQ)

There's more choice with the newer three letter ICAO codes and every one is unique. Including numerals, it allows for about 44,000 unique airlines as some letters and combinations are reserved for specific uses.

[Johnny Aussie]

http://www.yvr.ca/en/passengers/construction

http://www.yvr.ca/en/blog/2018/change-is-in-the-air-at-yvr-may-construction-update

Good to see YVR doing something about the nation leading growth and preparing for the future.... here in MEL we are also seeing record growth (international grew 12% in Feb and 16.5% in March) but all they do is talk about planned expansions versus actually doing anything.

Kudos to YVR.

[LeftCoaster]

Good they are building, but I still can't comprehend for the life of me why they are building the international pier expansion in 2 phases given the intl' growth we are seeing.

Seems like they will be maxed out the second the expansion is complete and they will miss out on a multitude of savings by doing the project all at once.

[Johnny Aussie]

Originally Posted by LeftCoaster

Good they are building, but I still can't comprehend for the life of me why they are building the international pier expansion in 2 phases given the intl' growth we are seeing.

Seems like they will be maxed out the second the expansion is complete and they will miss out on a multitude of savings by doing the project all at once.

I watched Craig’s board of trade speech and they were quite clear that using buses is going to be a norm as it is becoming increasingly like that at airports around the world.

So that’s the reason they’re not spending more on that part of the terminal expansion.