Chief Financial Officer Presentation to Airport Consultative - - PowerPoint PPT Presentation

Chief Financial Officer Presentation to Airport Consultative Committee

March 7, 2017

$29.2 $34.5

$- $2.0 $4.0 $6.0 $8.0 $10.0 $12.0 $14.0 $16.0 $18.0 $20.0 $22.0 $24.0 $26.0 $28.0 $30.0 $32.0 $34.0 $36.0 2015 2016

Total Revenue

V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

Non- Aeronautical Aeronautical AIF

Revenue 2016 - $34.5 million

V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

$12.6 $13.7

$- $2.0 $4.0 $6.0 $8.0 $10.0 $12.0 $14.0 Millions 2015 2016

Non-Aeronautical Revenue

V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

$6.3 $7.1

$- $1.0 $2.0 $3.0 $4.0 $5.0 $6.0 $7.0 $8.0 Millions 2015 2016

Aeronautical Revenue

V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

• Landing fees and terminal fees
• Landing fee per 1,000 kg of MTOW larger gauge aircraft =

more $

• Applies to jets and turbo prop aircraft
• Terminal fees = fee per landed seat:
• $2.24 domestic
• $3.81 transborder & international

Aeronautical Revenue $7.1 million

V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

$0 $500 $1,000 $1,500 $2,000 $2,500 QUEBEC CITY WINNIPEG HALIFAX VANCOUVER OTTAWA REGINA SASKATOON VICTORIA KELOWNA 2,332 1,604 1,367 1,286 1,247 1,033 903 742 704

Domestic Turnaround Fees for a 737

By Airport

V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

$10.3 $13.6

$- $2.0 $4.0 $6.0 $8.0 $10.0 $12.0 $14.0 2015 2016

Airport Improvement Fee

V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

$12.1 $13.4

$- $2.0 $4.0 $6.0 $8.0 $10.0 $12.0 $14.0 2015 2016

Operating Expenses

V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

$6.5 $7.1

$- $2.0 $4.0 $6.0 $8.0 2015 2016

Amortization

V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

$2.0 $2.5

$- $0.5 $1.0 $1.5 $2.0 $2.5 $3.0 Millions 2015 2016

Rent and Property Taxes

V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

$126 $52 $- $50 $100 $150 $200 $250 $300 Thousands 2016 2015 $2,250 $450 $- $250 $500 $750 $1,000 $1,250 $1,500 $1,750 $2,000 $2,250 $2,500 $2,750 $3,000 2015 2016

Interest on Long-Term Debt

V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

$20.7 $23.0

$- $2.0 $4.0 $6.0 $8.0 $10.0 $12.0 $14.0 $16.0 $18.0 $20.0 $22.0 $24.0 Millions 2015 2016

Total Expenses

V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

$8.4 $11.5

$- $2.0 $4.0 $6.0 $8.0 $10.0 $12.0 Millions 2015 2016

Excess of Revenue Over Expenses Reinvested in the Airport

V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T