YVR Airport & Sea Island Developments Discussion - Page 790

Denscity · #**15781** Posted **May 9, 2021, 6:20 PM**

In the same report on TV they announced that passenger numbers were down 75% over the year before. Not as bad as other Canadian airports who's losses were over 80%?

jollyburger · #**15782** Posted **May 9, 2021, 6:50 PM**

Seems like it's more of a mothball with some costs to temporarily pause construction for a few years. They might have to write down costs from contracts etc. but they aren't getting rid of everything that has already been built.

whatnext · #**15783** Posted **May 9, 2021, 11:01 PM**

Shooting at the TK checkin counter at YVR. All roads out of Richmond sealed:

https://www.citynews1130.com/2021/05/09/police-close-all-routes-in-and-out-of-richmond/

jollyburger · #**15784** Posted **May 10, 2021, 12:09 AM**

Quote:

Originally Posted by whatnext

Shooting at the TK checkin counter at YVR. All roads out of Richmond sealed:

https://www.citynews1130.com/2021/05/09/police-close-all-routes-in-and-out-of-richmond/

Another gang shooting..

casper · #**15785** Posted **May 10, 2021, 1:00 AM**

Quote:

Originally Posted by Klazu

Crazy how expensive it was to cancel a project that is already well underway. Was it really worth it and will they take a similar hit this year?

I think it comes down to accountants doing what they do. (Let me start by saying I am not an account, so others may be better at explaining it).

When you build a building or something like this you need to figure out its useful lifetime. You list it as an asset at full value on year one and each year you record an expense as it decreases in value. Revenue Canada has guidlines for how to do this for different types of assets like computers, cars, building etc.

For example if you purchased a $20,000 and your depression period was 10 year, you would record $2k in expenses each year with it worth nothing at the end.

In this case with it un-finished and not in use they are writing off a substantial part of the project in one year instead of the normal time period.

TheGreatestX · #**15786** Posted **May 10, 2021, 2:07 AM**

Quote:

Originally Posted by Denscity

In the same report on TV they announced that passenger numbers were down 75% over the year before. Not as bad as other Canadian airports who's losses were over 80%?

None of the major airports were down 80%. In fact, all the other major airports in Western Canada had a smaller percentage decrease than YVR.

jollyburger · #**15787** Posted **May 10, 2021, 2:32 AM**

Quote:

Originally Posted by TheGreatestX

None of the major airports were down 80%. In fact, all the other major airports in Western Canada had a smaller percentage decrease than YVR.

Calgary was down -68.40 and 80 so far this year

https://www.yyc.com/en-us/media/factsfigures/passengerstatistics.aspx

Winnipeg was 71.1

casper · #**15788** Posted **May 10, 2021, 3:57 PM**

Quote:

Originally Posted by TheGreatestX

None of the major airports were down 80%. In fact, all the other major airports in Western Canada had a smaller percentage decrease than YVR.

That should be expected. Domestic travel was generally not restricted by government but by demand. International travel has been significantly restricted. International is significantly a bigger piece of the pie at YVR than other airports.

nname · #**15789** Posted **May 13, 2021, 6:57 AM**

Current W21 plan for AC sun routes:

YVR-HNL 1x daily 789
YVR-OGG 1x daily 789
YVR-KOA 3x weekly 7M8

YVR-PSP 1x daily 7M8
YVR-PHX 1x daily 7M8
YVR-LAS 2x daily 7M8+CRJ

YVR-MEX 1x daily 7M8
YVR-CUN 1x daily 7M8
YVR-PVR 5x weekly 7M8
YVR-SJD 3x weekly 7M8
YVR-ZIH 2x weekly 7M8

Yes... YVR is 7M8 heaven now...

nname · #**15790** Posted **May 30, 2021, 7:25 PM**

No new post in this thread for over half a month

AC had removed YVR-YHZ for this summer; WS still scheduled 6x weekly.

TS had delayed YVR-YQB start until August, and will now run from Aug till the end of Oct.

Some of YVR-MEX flights in June are operated by 788.

YVR-PVR now increased to 2x weekly for AC when operation resume in August.

Klazu · #**15791** Posted **May 30, 2021, 8:23 PM**

I was in Pitt Meadows yesterday and visited the airport. There is a lot of construction taking place around the terminal building but it wasn't clear what is going on?

LeftCoaster · #**15792** Posted **May 31, 2021, 11:43 PM**

Quote:

Originally Posted by nname

Some of YVR-MEX flights in June are operated by 788.

I assume that is the AC flight not the Aeromexico? If the latter that could be a cool sight at YVR!

jollyburger · #**15793** Posted **Jun 1, 2021, 12:03 AM**

Quote:

Originally Posted by Klazu

I was in Pitt Meadows yesterday and visited the airport. There is a lot of construction taking place around the terminal building but it wasn't clear what is going on?

Quote:

Three major projects worth a combined $60 million were announced in October 2018.

A heli park in the northwest corner of the property will see five buildings, each 55,000 square feet in size, for maintenance and repair, and hangar space. Laplante Holdings is the company.

A Sky Helicopters expansion of approximately 20,000 square feet for helicopter and business jet storage, studio rental, and office space, and a headquarters for their Coastal Drones business.

And, Hangar One Aviation announced a new building with 20,000 square feet for aircraft storage and another 12,000 for office space and aviation-related businesses.

Then the city announced a main terminal rebuild early in 2019, to replace five double-wide trailers that served as the terminal for two decades. The $8-million project will be approximately 40,000 square feet on two levels.

It is being constructed by Pacific Airport Services, which is also building a 30,000-square-foot commercial hangar.

Vancouver Aviation College is pouring the foundation of a new 15,000-square-foot aviation training facility next door.

Golden Arrow properties is building a new commercial building and hangar of 48,000 square feet.

Four general aviation hangar buildings are being constructed on the east side of the airport off Baynes Road by Cross Roads Venture.

There are also plans for a seaplane terminal and restaurant on the banks of the Fraser River, but that project has been put on the backburner by the economic downtown, said Miller, who emphasized it is not cancelled.

The airport is putting new fencing around the entire perimetre – the latest of upgrades that have included runway curtains and lighting. Miller said it is important work.

https://canadianaviationnews.wordpress.com/2020/11/30/new-infrastructure-at-pitt-meadows-airport/

Klazu · #**15794** Posted **Jun 1, 2021, 1:33 PM**

Oh wow, that's a lot of improvements and that's also just what it looked like. Really cool and I hope to one day fly out of YPK.

NewfBC · #**15795** Posted **Jun 1, 2021, 3:08 PM**

Then the city announced a main terminal rebuild early in 2019, to replace five double-wide trailers that served as the terminal for two decades. The $8-million project will be approximately 40,000 square feet on two levels.

Seems like pretty good value for $8-million.

Ron.

trofirhen · #**15796** Posted **Jun 4, 2021, 10:10 AM**

Although currently allowed only three flights a week, looking on the route map, their YVR-IST route line passes west of Stockholm, between it and the Mälaren Region city of Eskilstuna.
A distance of 109 k / 68 miles separates them city to city. It is perhaps feasible (even starting once or twice a week!) en route, a large Middle Eastern population in Stockholm, a market.
This would possibly be a total failure and fizzel in six months from start date, or maybe develop into a consistent market to warrant the flight plan. It would be a Big Time win for Vancouver.

zahav · #**15797** Posted **Jun 7, 2021, 5:53 AM**

Quote:

Originally Posted by trofirhen

Although currently allowed only three flights a week, looking on the route map, their YVR-IST route line passes west of Stockholm, between it and the Mälaren Region city of Eskilstuna.
A distance of 109 k / 68 miles separates them city to city. It is perhaps feasible (even starting once or twice a week!) en route, a large Middle Eastern population in Stockholm, a market.
This would possibly be a total failure and fizzel in six months from start date, or maybe develop into a consistent market to warrant the flight plan. It would be a Big Time win for Vancouver.

Very hard to imagine that, the market for Sweden-Turkey is not one that is an add-on to a transatlantic route. Routes like DXB-SYD-AKL make sense because they are both long distance routes for Emirates. Emirates probably wouldn't do DXB-CAI-LAX, for example, which is what IST-ARN-YVR would be like. But who knows, could happen!

LeftCoaster · #**15798** Posted **Jun 7, 2021, 9:34 PM**

I would not be interested taking a flight to IST only to have to stop in ARN. What a waste.

The entire premise of IST is a convenient one stop global hub. Stopping people short in Sweden makes no sense and removes almost all of the allure of flying TK to destinations beyond IST.

trofirhen · #**15799** Posted **Jun 7, 2021, 11:54 PM**

Quote:

Originally Posted by LeftCoaster

I would not be interested taking a flight to IST only to have to stop in ARN. What a waste.

The entire premise of IST is a convenient one stop global hub. Stopping people short in Sweden makes no sense and removes almost all of the allure of flying TK to destinations beyond IST.

Excuse me, you're right. But the idea of somehow having a YVR - ARN nonstop caught my absurd imagination for a moment. An impossibility, yes, but an idea anyway.

LeftCoaster · #**15800** Posted **Jun 7, 2021, 11:55 PM**

Wouldn't say no to that, but not as a stop off on our shiny new direct to IST!