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Vancouver International airport is managed by Vancouver Airport Authority, a non-profit organization. [ 13 ] YVR covers a total expanse of about 1,340 hectares (3,311 acres ) of airport property.
A low-cost carrier terminal or LCCT (also known as a budget terminal) is a specific type of airport terminal designed with the needs of low-cost airlines in mind. Though terminals may have differing charges and costs, as is common in Europe, the concept of an all-budget terminal was promoted and pioneered by Tony Fernandes of AirAsia at Kuala Lumpur International Airport in 2006.
For each airport, the lists cite the city served by the airport as designated by Transport Canada, not necessarily the municipality where the airport is physically located. [ 1 ] Since 2010, Toronto–Pearson and Vancouver International Airport have been the two busiest airports by both passengers served and aircraft movements.
The system had debt problems in 1998. The debt servicing of SkyTrain was three and a half times the actual operating budget, whereas the debt servicing of buses was only one-seventh the operating budget. [42] During construction of the Surrey extension, the Vancouver Regional Transit Commission, a division of BC Transit, was $30 million in debt.
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In 1999, detailed design of the Vancouver-Airport/Richmond BRT was carried out. On April 1, 1999, The Greater Vancouver Transportation Authority (TransLink) was created under the direction of CEO Ken Dobell, previously city manager for the City of Vancouver. In April 2000, TransLink adopted its Strategic Transportation Plan 2000–2005.