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, Winter 2008
Canada’s Air Transportation Industry: Industrial Outlook, Winter 2008
Industry Economic Analysis
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Key Issues
- Foreign Markets—Foreign markets are no longer an overall drag on the air transportation industry, as increases in international visits will offset the declining number of air visitors from the United States. Clearer border identification requirements are also helping to soften the decline in U.S. visitors in the face of weakening economic factors.
- Domestic Market—Strong growth in incomes and corporate profits is boosting spending on pleasure and business travel, including spending on air transportation. The industry is also benefiting from increases in travel to international destinations.
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