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Vancouver International Airport's vision: to connect Asia with Latin America as traffic jumps

Analysis

Vancouver International Airport charted impressive growth in 2014, leveraging and solidifying its position as Canada's second largest airport. Vancouver is buoyed by its leading position as the country's gateway to Asia; but in 2015 it has also secured new service from Air France and Aeromexico.

As it celebrates solid passenger numbers, Vancouver also faces growing competitive pressure from nearby Seattle now that Delta is quickly building the airport into its main gateway to Asia. But a recent expansion of Canada's transit without visa programme should help Vancouver face the increased competition by giving the airport the potential to eventually connect travellers from Asia to Central and South America.

Overall Vancouver seems well positioned to meet its growth targets, which include handling 25 million passengers annually by 2020, a nearly 29% jump over a record number of customers travelling through the airport in 2014.

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