This report examines the short-and medium-term economic and profitability outlook for Canada’s Air Transportation Industry.
Canada’s Air Transportation Industry: Industrial Outlook Summer 2011
Canada’s Air Transportation Industry: Industrial Outlook Summer 2011
Industry Economic Analysis
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- Demand Grows—Both domestic and foreign tourism activity have posted strong growth since the end of 2009.
- Cost Increases—The industry cut costs and investment drastically during the recession. Now that business activity is picking up, costs are rising as well.
- Economic Uncertainty—More than a year in, the global economic recovery remains shaky. Financial markets are nervous and consumers remain cautious—and the recovery could easily be derailed.
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