In 2023, domestic passenger-kilometres for air carriers in Canada stood at an estimated value as a baseline preceding the forecasted period. The projected increase from 2024 to 2028 displays a consistent year-on-year growth, peaking at 276.39 billion units in 2028. Over this five-year period, the compound annual growth rate (CAGR) suggests steady momentum in the recovery and expansion of domestic air travel demand.
Future trends to watch for include:
- Impact of economic shifts on travel patterns.
- Technological advancements enhancing flight efficiency.
- Sustainability initiatives influencing airline operations.
- Potential fluctuations in fuel prices affecting airfares.
