This report examines the short-and medium-term economic and profitability outlook for Canada’s Air Transportation Industry.
Canada’s Air Transportation Industry: Industrial Outlook Winter 2016
Canada’s Air Transportation Industry: Industrial Outlook Winter 2016
Industry Economic Analysis
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- 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.
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