The Comox Valley Airport Commission (CVAC) reported on another successful year at its Annual Public Meeting held June 19th. Some of the highlights and accomplishments for the 2018/19 fiscal year were:
• A record 426,203 passengers passed through YQQ, following twelve consecutive months of passenger growth. This represents an increase of 12.5% over the previous fiscal year.
• A strong financial statement was reported with increased revenues resulting in a net surplus of just over $2.2 million.
• YQQ maintains a low-cost operating environment compared to other Canadian airports with one of the lowest Airport Improvement Fees.
CVAC Board Chair Frank Van Gisbergen. “Our outlook remains favourable, as our passenger numbers are strong and facilities adequate to provide a high level of customer as our record growth advances us towards terminal capacity. Our strong fiscal performance ensures we can plan effectively for expansion, while continuing to play a leading role in the region’s economic prosperity.”
A Passenger Leakage Study was commissioned to identify origin and destination data to aid in route development. “We will continue to analyze data to determine the best opportunities for future air service” says Bigelow, “We are very pleased to see our service levels are improving on some routes, despite the challenges facing the industry due to the grounding of the Max 8 aircraft. We continue our commitment to improving the customer experience by working with our airline partners to improve connectivity
throughout their networks.”
YQQ’s 2017/18 Accountability Report can be found on the Comox Valley Airport’s website at: www.comoxairport.com under About Us/Publications.
About the Comox Valley Airport
The Comox Valley Airport (YQQ) is an economic driver for Northern Vancouver Island, supporting over 580 direct jobs including airlines, airport management, security, food and beverage, retail and ground transportation. YQQ is operated by the Comox Valley Airport Commission, which was established in 1996 as a non-share capital and not-forprofit organization to operate the civil aviation facilities, including the terminal and apron at YQQ. The airfield and its associated systems, including air traffic control, are
operated by the Royal Canadian Air Force at 19 Wing Comox on a continuous 24-hour basis.