The Air Transport sector in Canada demonstrated a resilient recovery post-2020, with a notable dip in 2020 (-56.56% YoY) followed by a sharp rebound in 2021 (71.91% YoY). Growth stabilized from 2022 onwards, with forecasts indicating a steady increase through to 2028. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is projected at 2.56%, highlighting a moderate yet steady growth trajectory post-pandemic recovery.
Looking ahead, key trends include the acceleration of digital transformation in air transport operations, increased focus on sustainability, and the integration of advanced technologies for enhanced safety and efficiency. These factors are expected to be instrumental in shaping the sector’s growth and operational dynamics in the coming years.
