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.

 

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

COVID-19 business listing: Hope and area

Find out which stores are open and how to support those who are feeling the effects of the pandemic

PHOTOS: Playtime is back!

Paula Morrison of Angel Daycare Centre captured a moment of absolute joy

Kelowna trial for three men charged in Hope murder delayed 11 months

The trial for the alleged killers of Michael Bonin has been moved to May 2021, was supposed to begin this month

VIDEO: RCMP Emergency Response Team at known drug house in Chilliwack

Armed officers respond to reports of shots, bring in ERT, K-9 unit and spike belt

BREAKING: Homicide investigators probe suspicious death on Highway 1 north of Yale

RCMP found a person with life-threatening injuries early Wednesday, who later died at the scene

If Trudeau won’t stand up to Trump, how will regular people: Singh

Trudeau did not directly answer a question about Trump’s actions amid protests

VIDEO: Internal investigation into aggressive arrest by Kelowna Mountie

A video allegedly shows a Kelowna Mountie striking a man several times

COVID claims 23rd Langley Lodge patient, making it the deadliest outbreak in B.C.

Coronavirus kills another senior at Langley care home, bringing B.C. total to 166

Family of dead B.C. football star urge changes to mental health policies in hospitals

Uko family disappointed in actions of Regina hospital, hosting public funeral service this weekend

22 new COVID-19 test-positives, one death following days of low case counts in B.C.

Health officials urged British Columbians to ‘stand together while staying apart’

John Horgan says COVID-19 restrictions won’t be eased regionally

B.C. Liberals urge ‘tailored’ response based on infections

Feds get failing grade for lack of action plan on anniversary of MMIWG report

‘Instead of a National Action Plan, we have been left with a Lack-of-Action Plan’

Maple Ridge woman fights WorkSafe BC over police widow’s pension

Dalila Vroom says husband, Const. Rob Vroom, died as a result of PTSD from time with Abbotsford PD

B.C. ranchers, lodge operators say Indigenous land title shuts them out

Tsilhqot’in jurisdiction affects grazing, access to private property

Most Read