(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

Victoria Flamenco Festival goes virtual for 2020 event

The show will go online from July 23 to 26

Metchosin bird card project finds its wings

On display at Metchosin ArtPod from July 10 to 12

UVic research team creating virus-resistant washbasins for post-pandemic world

Civil engineer Rishi Gupta hopes basins will be installed in public spaces

Walk for Peace takes a virtual turn for Victoria Hospice

Residents can still register for Gordy Dodd’s 11th annual fundraiser

United Way Greater Victoria launches Hi Neighbour program in Esquimalt

Feedback sought from residents about funding for micro community projects

B.C. accommodators need phone lines to light up as in-province travel given green light

Travel restrictions during the COVID-19 pandemic have decimated the tourism and hospitality industries

300 Cache Creek residents on evacuation alert due to flood risk as river rises

Heavy rainfall on Canada Day has river rising steadily, threatening 175 properties

First glimpse of Canada’s true COVID-19 infection rate expected mid-July

At least 105,000 Canadians have tested positive for COVID-19 since the coronavirus was identified

Annual music event in Comox Valley celebrates online instead

Vancouver Island MusicFest holds virtual celebration set for July 10

Police ramp up efforts to get impaired drivers off B.C. roads this summer

July is dedicated to the Summer CounterAttack Impaired Driving Campaign

Migrant workers stage multi-city action for full status amid COVID-19 risks

‘COVID-19 has exacerbated an existing crisis’

Okanagan school drops ‘Rebels’ sports team name, citing links with U.S. Civil War

Name and formerly-used images “fly in the face” of the district’s human rights policy, says board chair

PHOTOS: B.C.’s top doc picks up personalized Fluevog shoes, tours mural exhibition

Murals of Gratitude exhibit includes at least one portrait of Henry alongside paintings of health-care workers

In troubled times: Independence Day in a land of confusion

Buffeted by invisible forces and just plain worn out, the United States of America celebrates its 244th birthday

Most Read