Airport Consultative Committee Meeting Report from the President - PowerPoint PPT Presentation

Airport Consultative Committee Meeting Report from the President and CEO October 22, 2019

Financial Approach • Maintain strong balance sheet • Keep airline operating costs in lowest quartile • Diversify revenue sources Non-aviation as a percentage of total (68%) • • Prudent staged capital investment

Lower Departures Area Expansion

Lower Departures Area Expansion

Lower Departures Area Expansion

Lower Departures Area Expansion

Lower Departures Area Expansion

Lower Departures Area Expansion

Fresh Cup Roastery Café

Airport Service Quality 2019 YTD 4.34 Canada Average 4.43 YYJ 0 5 Overall Satisfaction Score Since 2015 4.43 4.43 4.48 4.41 2015 2016 2017 2018

New Accessibility Features In Consultation With Rick Hansen Foundation and Changing Places

New Commissioned Art ‘Time Capture’ by Charles Campbell

victoriaairport.com

Apron Expansion Phase 4A vi

Apron Expansion Phase 4A

Apron Expansion Phase 4A

Weather Office Relocation

New West Side Viewing Area

Taxiway Echo East Extension

Taxiway Echo East Extension

Taxiway Echo East Extension

Long Term Parking and Roads • Address entrance and exit roads to terminal • Move entrance east • Orient exit west to Willingdon Road • Create future capacity for curbside and overall parking • Impact of Transportation Network Companies Uber/Lyft and longer term driverless vehicles • Improve transit service

Expanded Parking Photo Credit: Ray Shipka

Transportation Network Companies

Parking – Long Term

Canadian Airports Demand – Annual Passengers (CAGR Benchmark)

% Increase / (Decrease) in Seats 2018 vs. 2017 10.0% 8.7% 8.8% 8.0% 6.9% 6.7% 5.6% 6.0% 4.9% 4.1% 4.2% 3.5% 4.0% 2.7% 3.0% 1.5% 2.0% 0.6% 1.0% 0.5% - (2.0)% (2.8)% (4.0)%

United Airlines Ended San Francisco Service

Delta Air Lines Ended Seattle Service

Boeing 737 MAX Aircraft

Total Seats 2015 - 2019F 2,900,000 2,800,000 2,700,000 2,600,000 2,500,000 2,400,000 2,300,000 2,200,000 2,100,000 2015 2016 2017 2018 2019F

Total Passengers 2015 - 2019F 2,100,000 2,000,000 1,900,000 1,800,000 1,700,000 1,600,000 1,500,000 2015 2016 2017 2018 2019F

Air Canada Daily Service Montreal Photo Credit: Wikimedia

• New non-stop service to Ixtapa and Mazatlan • Sunwing also offers non-stop Huatulco and Los Cabos • Total Mexico program 6 destinations, including Puerto Vallarta and Cancun (WestJet and Air Transat) Photo Credit: Travel Pulse

Markets Served Whitehorse C A N A D A Prince George Edmonton Vancouver Calgary Nanaimo Kelowna Tofino Cranbrook Montréal Abbotsford Victoria Seattle Toronto U S A M E X I C O Mazatlán Cancún Los Cabos Puerto Vallarta Ixtapa Zihuatanejo Huatulco

YYJ Top 20 City Pair Markets Full Year (12 months ended March) YE Mar 2018 YE Mar 2019 (Full Year) (Full Year) Growth Rank Market Country Name Total PDEW PWEW Total PDEW PWEW Total 1 Vancouver Canada 362,987 497 3,481 307,039 421 2,944 -15.4% 2 Calgary Canada 341,378 468 3,273 334,490 458 3,207 -2.0% 3 Edmonton Canada 174,560 239 1,674 226,692 311 2,174 29.9% 4 Toronto Canada 144,465 198 1,385 163,041 223 1,563 12.9% 5 Kelowna Canada 101,711 139 975 101,091 138 969 -0.6% 6 Seattle United States 57,855 79 555 37,833 52 363 -34.6% 7 Los Angeles United States 42,751 59 410 54,141 74 519 26.6% 8 Las Vegas United States 36,578 50 351 41,602 57 399 13.7% 9 San Francisco United States 35,100 48 337 40,086 55 384 14.2% 10 Ottawa Canada 33,789 46 324 36,073 49 346 6.8% 11 Prince George Canada 28,514 39 273 22,062 30 212 -22.6% 12 Montreal Canada 24,915 34 239 28,212 39 271 13.2% 13 Winnipeg Canada 20,678 28 198 24,811 34 238 20.0% 14 Cancun Mexico 19,111 26 183 21,918 30 210 14.7% 15 Puerto Vallarta Mexico 17,647 24 169 16,960 23 163 -3.9% 16 Phoenix United States 16,389 22 157 19,621 27 188 19.7% 17 London United Kingdom 14,612 20 140 15,657 21 150 7.2% 18 Halifax Canada 14,093 19 135 17,412 24 167 23.6% 19 New York United States 13,670 19 131 14,744 20 141 7.9% 20 San Diego United States 13,207 18 127 15,525 21 149 17.6%

Potential Markets Whitehorse C A N A D A Prince George Edmonton Saskatoon Vancouver Calgary Regina Winnipeg Nanaimo Kelowna Tofino Cranbrook Montréal Abbotsford Victoria Ottawa San Juan Islands Seattle Toronto Hamilton U S A Denver Las Vegas Los Angeles Phoenix Honolulu M E X I C O Mazatlán Cancún Los Cabos Puerto Vallarta Ixtapa Zihuatanejo Huatulco

Airport Carbon Accreditation Program

Airport Carbon Accreditation Level 2 Photo Credit: Airports Council International

TenTen Creek Reay Creek

Return of Coho Salmon TenTen Creek Photo Credit: Peninsula Streams Society

Aviation and the Environment • Air transport approximately 2% of global man-made C0 2 emissions • Aviation industry spent $1 trillion since 2009 on more fuel-efficient engines and lighter aircraft • Each generation of aircraft 20% more fuel efficient • CORSIA is the first global sector-specific climate program • Reduce CO 2 emissions by 50% in 2050