Landing fees dropped from $49 million to $23 million, terminal fees dropped from $97.6 million to $54 million, concessions dropped from $145.6 million to $61 million, airport improvement fee revenue dropped from $171 million to $51 million, and pay parking for cars dropped from $39 million to $12.5 million.
The airport has a 50% stake in McArthurGlen YVR Airport Outlet Centre, which saw a year-over-year revenue decrease of $1.5 million to $12.5 million.
About $22 million in the reduction to revenue also came from providing rent relief to Sea Island tenants and operators.
YVR mitigated the bleed by decreasing operating costs from $403 million to $366.5 million, including laying off about a quarter of their staff of more than 500 people, and temporarily closed large sections of the terminal building and consolidated gate operations.