Category

Economic Impact

Airport initiating a climate change action plan

By | Economic Impact, Uncategorized

Nanaimo Airport is taking a leadership role in addressing climate change.

As part of its commitment to environmental stewardship, the airport has begun work on a climate change action plan. It’s one of only a few B.C. airports to take the step. A select number of the country’s much larger airports including Vancouver and Toronto, have their own plans.

Nanaimo Airport Commission has initiated a plan because it is the right thing to do as a good corporate citizen. It’s also necessary to ensure sustainable operations. Climate change has the potential to impact everything from air traffic control to the terminal, cargo, fire service and even road access. Possible hazards include flooding, heat damage to infrastructure and buildings, increased risk of fire and wind damage and  impacts on airport users and suppliers.

The commission has a working group and engaged a consultant with specific expertise to steer the plan’s development.

Getting the initial data is a big job requiring an extensive inventory that tracks emissions. The inventory could include everything from the source of emissions, such as vehicles and equipment, to the quantity emitted. Other sources to be considered could include buildings and facilities, energy generation, and waste management.

Once the data is available, the working group would create a strategy to find ways to reduce the emissions. The use of technology and efficiency improvements, in collaboration with airport partners, is among the options.

The plan could also include a resilience response to deal with a host of factors that could arise while addressing climate change at the airport. These factors include regulatory changes, financial and insurance issues, physical design changes, and specific airport plans and policies.

Nanaimo Airport Commission is following a coordinated strategy to develop the plan. It starts with deciding the scope of the project and continues with an organizational plan for an action team, including resources and a work plan.

 

Nanaimo Airport now Island’s second busiest airport

By | Economic Impact, Uncategorized

After a record-setting year, Nanaimo Airport (YCD) now stands as Vancouver Island’s second busiest airport.

2018 saw 435,349 travellers on 800+ commercial flights pass through Nanaimo Airport gates. It’s the highest total in YCD history and the ninth straight year the airport has set a record. With Air Canada Rouge resuming its seasonal non-stop service to Toronto this summer, and WestJet offering daily flights to Vancouver and Calgary, Airport President and CEO Mike Hooper expects that streak to continue in 2019.

“We make it so easy and convenient for people to connect to Canadian and international destinations, and without the headache, hassles and expense of travelling to major airports like Vancouver or Victoria,” he says.

The airport is in the midst of a $15-million Air Terminal Building expansion. It includes an enlarged departure lounge and expanded security screening area, making the airport experience faster and more comfortable for people. Work is expected to be complete by fall 2019.

“The Nanaimo Airport team here has done an incredible amount of work to plan for and manage our rapid growth,” Hooper says. “We’re investing in our infrastructure and we’re implementing a 20-year master plan for developing our available land. That’s creating new opportunities for businesses and investors. We’re also making sure airlines know about the fantastic opportunity here to launch new routes and expand their existing service.”

The airport is also at the centre of the new Vancouver Island Foreign Trade Zone, which will help attract businesses that import and export goods.

Nanaimo Airport is a major economic driver for the region. It generated more than $ 370 million in economic activity for the region in 2018, and more than 2,000 jobs that support Central Island families. “Our operations create benefits for all of the communities we serve,” says Hooper. “All of our success is due to our dedicated team and to the strong partnerships we have built.”

Airport a magnet for new trade zone jobs, businesses

By | Community, Economic Impact

Nanaimo Airport plays a key role in the new employment, business and investment opportunities created by Vancouver Island’s designation as a Foreign Trade Zone (FTZ).

The zone makes it easier for local businesses to expand international trade. It also makes it easier for the region to attract foreign investment. As a premier transportation and logistics hub, the airport will be one of the zone’s major assets.

The designation was announced by federal government. It streamlines processes for companies in the region that want to import or export products and conduct trade with foreign markets. And it gives them easier access to government programs that defer taxes and duty.

“We’re in a great position to help them capitalize,” says Nanaimo Airport CEO Mike Hooper. “Our land and infrastructure is ready to go.”

The airport has about 51 acres of vacant land with excellent development potential. The different sizes of lots could accommodate aviation-related goods and services. As well, small warehouses and importers and exporters could locate there to gain the most benefit from the zone.

“A business importing products could land them on our runway, then sell them here and enjoy a tax break. And that’s just one scenario,” says Hooper.

The FTZ is only the 11th of its kind in Canada. It’s overseen by the Vancouver Island Economic Alliance. VIEA worked with Nanaimo Airport and other partners to secure the designation.

“Nanaimo Airport plays an important role in driving the regional economy,” Hooper says. “Being in a Foreign Trade Zone will enhance that role, and deliver even more benefit to the communities we serve.”

The airport’s economic impact touches all corners of the region. Nanaimo Airport currently generates $358 million and more than 2,000 jobs that support Central Island families. And that’s before factoring in the economic injection resulting from being in an FTZ.