The forecasted data for the value added of air transport in Canada shows a steady increase from 2024 to 2028. Starting at CAD 13.65 billion in 2024, it is expected to rise consistently, reaching CAD 16.04 billion by 2028. This indicates a year-on-year growth, with an average annual growth rate of approximately 4.1% over the five-year period.
Looking ahead, key trends to watch include technological advancements in aviation, shifts in consumer travel preferences, and regulatory changes affecting air transport. These factors could influence the pace of growth in the sector, potentially accelerating the expansion beyond current forecasts.
