This industry profile provides a five-year forecast for Canada’s Aerospace Products Industry.
Canada’s Aerospace Products Industry: Industrial Profile Summer 2014
Canada’s Aerospace Products Industry: Industrial Profile Summer 2014
Industry Economic Analysis
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- Fuel Prices—Fuel costs consume a large portion of airline expenses; higher fuel prices are driving a push to retire older, inefficient aircraft.
- Airline Profitability—After years of struggling in a difficult environment, the airline industry has posted consistent operating profits since 2010. The improved profitability of the airline industry will help support investment in new aircraft.
- Weaker Dollar—The weaker Canadian dollar will provide a degree of international price support for exports, but will also put upward pressure on input prices due to the globally integrated supply chain.
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