The Airport Authority assumed the management and operation of YVR from Transport Canada in 1992. YVR is operated under the provisions of a long-term lease with the Government of Canada.

The Airport Authority has no shareholders and all excess of revenue over expenditures is re-invested in airport developments and service improvements.

YVR is Canada's second busiest airport, with some 16.9 million passengers (including same plane transit), approximately 222,900 tonnes of cargo and 270,000 take-offs and landings in 2006.

Mission: To serve our community by building outstanding airports

Vision: YVR: A Premier Global Gateway
The Airport Authority:Local Champion, Global Operator