Forecast: Self-Employed People in Air Transport Sector in Canada

The forecasted number of self-employed individuals in the Canadian air transport sector, measured in thousand hours, shows a downward trend from 2024 through 2028. Starting at 280.0 in 2024, it is expected to fall to 130.0 by 2028. This represents a consistent decline over the period, with a five-year compound annual growth rate indicating an average annual decrease. This trend reflects changing industry dynamics and potential shifts in market demands or employment models.

Future trends to watch for include:

  • The impact of technological advancements and automation on self-employment opportunities.
  • Regulatory changes that could affect the air transport sector's operational dynamics.
  • The potential influence of global economic conditions and their effects on air travel demand.

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