The Canadian air transport sector is projected to see a steady decline in employment, with forecasted hours dropping from 56.82 million in 2024 to 44.04 million by 2028. This represents an anticipated decrease of 22.47% over the five-year period. Year-on-year variation shows a consistent reduction across the years, reflecting broader challenges. In contrast, 2023 served as a benchmark with presumably higher employment hours; however, accurate figures for 2023 were not provided.
Future trends to watch for include:
- Technological advancements leading to increased automation and operational efficiency.
- Potential disruptions from geopolitical events or global health crises impacting travel demand.
- Sustainability pressures prompting shifts in business operations and potentially reshaping workforce needs.
- The competitive landscape changes, including new entrants and consolidations in the market.