Canada’s Air Transportation Industry: Industrial Outlook Winter 2016
The Conference Board of Canada, 12 pages
March 3, 2016
Todd A. Crawford
This report examines the short-and medium-term economic and profitability outlook for Canada’s Air Transportation Industry.
- Weaker Currency—The weaker loonie has more Canadians flying out of domestic airports and also continues to attract record numbers of foreign visitors to Canada.
- Fuel Prices—At current prices, the industry realizes huge savings on material inputs that, in turn, have pushed profitability to record levels.
- Domestic Economy—Canada continues to grow at an underwhelming pace, largely due to the fallout from oil prices in Western Canada. This represents an important near-term risk to the industry’s domestic segment.