(File photo)

BC Ferries vehicle traffic last summer was best ever

CEO says positive results reduce future pressure on fares

BC Ferries had its highest vehicle traffic levels ever this summer, increasing 5.2 per cent over the same period last year.

The company says in a statement that revenues for the quarter ending Sept. 30 are also up 3.5 per cent from the same period in 2016.

Net earnings in the three months ending Sept. 30 were $98.4 million.

CEO Mark Collins says the positive results reduce future pressure on fares and allows for continued investments in new vessels and terminal improvements.

BC Ferries offered a range of discounted fares for off-peak sailings this year and provided an extra 460 round trips over the summer above it’s regular summer schedule.

Many tourism operators in B.C.’s Interior complained this summer that their business was down because of the wildfires burning in the area.

The Canadian Press

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

Comments are closed

Just Posted

LETTER TO THE EDITOR: Council’s special-interest projects boosting property taxes too high

City council should keep in mind its core services when budgeting, says letter writer

Colour and culture being painted onto plaza stairs in downtown Nanaimo

City commissions Humanity in Art muralists for ‘artistic intervention’ project

B.C. Supreme Court dismisses claim against Island Corridor Foundation

Snaw-Naw-As (Nanoose) First Nation was seeking return of reserve land as railway sits unused

Nanaimo’s newest skatepark now open for use in Harewood

Harewood Centennial Park amenity opens on schedule

Column: Sustainable society based on foundational services

Services tied to local populations puts sustainability above growth, says columnist

All community COVID-19 outbreaks declared over in B.C.

Abbotsford manufacturer cleared by Dr. Bonnie Henry

B.C. First Nations vow to keep fighting after Trans Mountain pipeline appeal denied

Squamish Nation, Tsleil-Waututh Nation and Coldwater Indian Band made the application

‘Queue jumpers’ not welcome in B.C. as COVID-19 U.S. cases rise: Horgan

Premier Horgan said he’s heard concerns that Americans have stopped at Vancouver hotels instead of heading to their destination

US officer resigns after photos, connected to death of black man in 2019, surface

Elijah McClain died, last summer, after police placed him in a chokehold

Black worker files discrimination complaint against Facebook

Oscar Veneszee, Jr. has worked as an operations program manager at Facebook since 2017

Nestle Canada selling bottled water business to local family-owned company

The Pure Life bottled water business is being sold to Ice River Springs

Major B.C. salmon farm tests new containment system to curb sea lice infestations

System “essentially eliminates” contact between wild and farmed fish stocks, says Cermaq

Major B.C. salmon farm tests new containment system to curb sea lice infestations

System “essentially eliminates” contact between wild and farmed fish stocks, says Cermaq

Most Read