The forecast for Air Transport Gross Value Added in Canada shows a steady increase from 2024 to 2028, with values rising from 13.23 billion Canadian Dollars in 2024 to 15.18 billion in 2028. This indicates a consistent year-on-year growth, averaging approximately 3.54% annually over the five-year period. Such steady growth reflects a positive outlook for Canada’s air transport sector, suggesting resilience and potential for expansion despite any current challenges.
Looking ahead, key trends to monitor include technological innovations in air travel, shifts in consumer travel preferences, and regulatory changes affecting the sector. These factors could significantly influence the trajectory of growth, potentially accelerating the sector’s value added or introducing new challenges.
