In 1994, the City of Abbotsford made a bold and strategic decision that would transform a struggling federal asset into a thriving community cornerstone. For just $10, the city purchased the Abbotsford International Airport (YXX) from the federal government, a move that raised eyebrows but ultimately proved to be a game-changer for the region.

A Burden on Taxpayers

At the time of the purchase, the airport was a financial drain on taxpayers, costing the federal government millions of dollars annually to operate. The facility struggled with inefficiencies and lacked the vision to turn it into a viable enterprise. It was clear that something needed to change, and the City of Abbotsford stepped up with an ambitious plan to take control.

Local Ownership Brings Transformation

Under city ownership, the airport underwent a dramatic transformation. By taking a business-oriented approach, Abbotsford set out to make the airport self-sufficient. The city's leadership understood that local control meant they could better align the airport's operations with the needs of the community and the burgeoning Fraser Valley economy.

Key to the turnaround was implementing a leaner operating model and focusing on growing revenue streams. The city prioritized:

  • Encouraging private investment: Abbotsford partnered with private enterprises to stimulate growth and attract new businesses to the airport.
  • Expanding services: New routes and airlines were brought in, turning the airport into a regional hub for both passenger travel and cargo operations.
  • Hosting events: The Abbotsford International Airshow became a flagship event, drawing thousands of visitors annually and solidifying the airport’s reputation as a regional destination.

A Self-Sustaining Success Story

Within a few short years, Abbotsford International Airport went from being a financial liability to a self-sufficient operation. By 1997, the airport was generating enough revenue to cover its operating costs, and today, it stands as a profitable venture that continues to grow. Its success has created jobs, boosted the local economy, and reinforced Abbotsford’s position as a key player in British Columbia’s transportation network.

A Legacy of Community Pride

The purchase of the airport for just $10 is a point of pride for Abbotsford, a testament to the power of local governance and vision. It highlights how communities can turn challenges into opportunities when they are given the chance to manage their own assets. Abbotsford International Airport is now not only a gateway to the world but also a symbol of the city’s entrepreneurial spirit and commitment to progress.

As Abbotsford looks to the future, the airport’s success reminds us all that with innovation, determination, and a willingness to take calculated risks, even the most daunting challenges can be overcome.

Jenny is a business insurance broker with Waypoint Insurance. She can be reached at 604-317-6755 or jhansen@waypoint.ca.  Please connect with me on LinkedIn at https://www.linkedin.com/in/jenny-holly-hansen-365b691b/

Jenny Holly Hansen is a cohost with Chris Sturges of the Langley Impact Networking Group. You are welcome to join us on Thursday’s from 4pm to 6pm at: Sidebar Bar and Grill: 100b - 20018 83A Avenue, Langley, BC V2Y 3R4

Jenny Holly Hansen is a cohost with Chris Sturges of the WRN News - Langley Edition

Tags: #Abbotsford #Abbotsford History  #Abbotsford is Awesome #Abbotsford Business #Abbotsford Economic Growth #Abbotsford Urban Development #Stay Inspired #Jenny Holly Hansen

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