Skip to main content

Posts

Showing posts from January, 2021

COVID-19 AND AIRPORTS IN CANADA

        Vancouver International Airport (YVR) January 23, 2021 at 2:46 PM, and there is not an airplane  in sight.       Photo by David Varnes      Is the Vancouver Airport in peril?      'We have cancelled or deferred 60 per cent of our capital projects.'            YVRAA CEO Tamara Vrooman, interview on January 25, 2021        The COVID-19 pandemic has devastated the revenues of the Vancouver International Airport (YVR). The Operating Authority's (YVRAA) new CEO, Tamara Vrooman, has had to revisit the 2037 Airport Master Plan and either cancel or reassess $9.7 billion in capital projects scheduled over the next three years.       In March 2020, the world was alerted to a new virus in China, later to be categorized as a pandemic by the World Health Organization, and designated COVID-19. The pandemic spread world-wide, and air travel became restricted as a consequence. Throughout 2020, airports and airlines began to cut services, reduce schedules, defer investment, and impl