The forecast for domestic airlines flown hours in Canada indicates a declining trend, with a gradual year-on-year reduction from 3.09 million hours in 2024 to 2.95 million hours by 2028. This consistent decrease suggests a negative compound annual growth rate (CAGR) over the five-year period, reflecting potential challenges in the market such as rising fuel costs, increased competition from other modes of transport, or shifting consumer preferences.

Future Trends to Watch:

Impact of sustainable aviation fuel developments on operational costs and competitiveness.
Potential changes in consumer demand due to environmental consciousness.
Advancements in aircraft technology and their impact on efficiency.
Regulatory factors affecting operational capacities and market entries.