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 2009
Canada’s Air Transportation Industry: Industrial Outlook, Winter 2009
Industry Economic Analysis
$1,225.00
Key Issues
- Consumer Confidence—Leisure travel spending is largely discretionary, and a dramatic decline in consumer confidence has sapped the willingness of consumers to spend on travel.
- Corporate Profitability—Corporate profitability is rapidly deteriorating in the wake of the global financial crisis, leading to reduced budgets for business travel.
- Oil Prices—After setting record highs last summer, oil prices are now less than half their previous peaks. Since fuel is the industry’s single largest input cost, lower prices have supported profitability.
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