Canada Air Passenger Transport Industry Outlook 2022 - 2026

Key Market Indicators

Air passenger traffic in Canada is expected to reach nearly 45 million by 2026, up from nearly 35 million in 2021, according to a new report. This represents a decrease of 2.9% on an annual basis. This is a stark contrast to 1975 when the figure was over 16 million higher. In 2021, Canada ranked 13th, overtaken by the United Arab Emirates with 34.5 million passengers. The United States, India and Ireland ranked 2nd, 3rd and 4th respectively. Airline revenue in Canada is forecast to reach $3.07 billion by 2026, up from $2.78 billion in 2021, with an average year-on-year growth of 0.1%. Since 2013, however, the market has declined by 1.9% year-on-year. In 2021, Canada placed 10th in the rankings, overtaken by Portugal at $2.78 billion. Germany, the United Kingdom and Ireland ranked 2nd, 3rd and 4th respectively.

Canada Air Passenger Transport Market Data and Forecasts

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