The forecasted air transport output in Canada is projected to grow, starting from 32.92 billion Canadian dollars in 2024 to 36.53 billion Canadian dollars in 2028. This represents an average annual growth rate of approximately 2.65%. Over the past two years, the year-on-year variations have shown steady growth, with last year's figures indicating a robust performance.
Trends to watch for in the future include potential impacts of technological advancements, shifts in consumer travel behavior post-pandemic, and climate policies that may affect air transport significantly. Increased demand for eco-friendly transportation options and potential market consolidation could also play crucial roles in shaping the industry's trajectory.
