The Canadian Industrial Outlook Service includes detailed five-year forecasts in 16 key Canadian industries. The report examines the short- and medium-term economic and profitability outlooks for these industries.
Canada’s Air Transportation Industry: Industrial Outlook, Summer 2007
Canada’s Air Transportation Industry: Industrial Outlook, Summer 2007
Industry Economic Analysis
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Key Issues
- Oil Prices—Although oil prices remain high, future growth is expected to be muted, helping to stabilize profitability in the air transportation industry.
- Foreign Markets—The number of visitors from the United States continues to drop, meaning that industry exports are falling. Increases in the number of visitors from other countries have been insufficient to offset the U.S. decline.
- Domestic Market—Strong growth in incomes and corporate profits has supported robust gains in domestic spending on air transportation. Although growth in domestic spending will be slower going forward, it will remain healthy.
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