BC Ferries sailings have been busier this year

More discounts coming as BC Ferries traffic rises

Vehicle traffic up 5% with no net fare increase and discounts offered for vehicles pulling boats and travel trailers

BC Ferries plans to continue its campaign of price promotions this fall and next spring in an effort to maintain increased passenger and vehicle traffic.

First-quarter results for the Crown corporation show passenger traffic up 2.5 per cent and vehicle loads up 5.1 per cent for the three months ended June 30, compared with the same period in 2015.

Buoyed by a strong tourist year for B.C. and no net fare increase, BC Ferries carried 5.3 million passengers and 2.1 million vehicles in April, May and June. The 1.9 per cent average fare hike was erased by a reduced fuel surcharge due to long-term contracts for cheaper diesel fuel.

Helped by reduced operating costs and higher retail sales from terminals and on-board gift shops, net earnings were $27 million for the quarter, up from $18.8 million in the same period last year. Revenues were up 4.9 per cent to $219 million, while costs for the quarter went up 1.5 per cent to $178.6 million.

BC Ferries CEO Mike Corrigan released the first-quarter results at the corporation’s annual meeting in Victoria, where he also announced that unspecified pricing promotions will be offered this fall and next spring. This year BC Ferries has been offering discounts on over-length vehicles pulling boats or travel trailers.

Corrigan also announced he will be stepping down as CEO at the end of the fiscal year next March. He was promoted in 2012 to replace former CEO David Hahn, and presided over a controversial service review that saw sailings reduced on money-losing routes.

Transportation Minister Todd Stone praised Corrigan for reducing operating costs and embracing new technology, including three new medium-sized ferries using liquefied natural gas fuel that have been built in Poland.

LNG retrofits are also scheduled for the Spirit of B.C. and the Spirit of Vancouver Island, the workhorses of the main Tswassen-to-Vancouver Island route.

Corrigan’s term also saw the first cable ferry in the BC Ferries fleet, the Baynes Sound Connector to Denman Island. Stone said the cable ferry cut fuel costs by half.

 

Just Posted

Seabird Island opens 50th annual festival

The weekend festival will see First Nations teams compete in soccer, three-pitch and canoe races

LETTER: Agassiz’s amazing new pump station

Edward Monro talks about Hammersley Pump, but also the need for driver support on Mount Woodside

LETTER: E-Comm makes connections for ambulance

E-Comm’s executive director explains why ambulances aren’t in their jurisidiction

Agassiz study to look at drone use for pesticide application

The study will be the first in Canada to use drones to apply pesticides to farm fields

Lofty plans for Chilliwack school district revealed

Chilliwack school district draws up plan to add 2,900 student seats in five years

VIDEO: Powwow shares culture at Seabird Island Festival

The 50th anniversary of the festival saw its first powwow

Raptors beat Bucks 100-94 to advance to franchise’s first-ever NBA Finals

Leonard has 27 points, 17 boards to lead Toronto past Milwaukee

Third person charged in death of B.C. teen Bhavkiran Dhesi

Inderdeep Kaur Deo facing charge of accessory after the fact to murder

Kamloops girl, 9, recovering from carbon monoxide poisoning now out of ICU

Her mother who was sleeping in the same tent with her did not survive

UPDATE: Surrey RCMP say boy, 11, missing for two days found safe

Dominic Mattie was last seen at 5 p.m. in the 13500-block of Gateway Drive in Surrey

‘I think he’s still alive’: B.C. mom pleads for help finding son last seen a month ago

Family offering $5,000 reward for information leading to the safe return of Tim Delahaye

New poll suggests one-third don’t want politicians to wear religious symbols

Local politicians shouldn’t be allowed to wear hijabs, crucifixes or turbans on the job, survey suggests

Raptors fans far from home adjust plans to watch pivotal playoff game

Raptors currently lead the playoff series 3-2, and a win Saturday would vault them into NBA finals

Most Read