The Canadian Industrial Outlook Service includes detailed five-year forecasts in 16 key Canadian industries. The report examines the short- and medium-term economic and profitability outlooks for these industries.
Canada’s Air Transportation Industry: Industrial Outlook, Winter 2007
Canada’s Air Transportation Industry: Industrial Outlook, Winter 2007
Industry Economic Analysis
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- Macroeconomic factors remained mixed for Canada’s air transportation companies. Although healthy income growth and healthy corporate profi tability are supporting strong gains in domestic demand, high oil prices are increasing operating costs, while the strong Canadian dollar is limiting export growth.
- After three years of robust expansion, industry production growth will slow but stay strong, averaging 5 per cent per year between 2007 and 2011. The domestic market will remain the primary driver of growth, but export growth will improve once the implementation of the WHTI is past and additional open skies agreements are signed.
- After three years of robust expansion, industry production growth will slow but stay strong, averaging 5 per cent per year between 2007 and 2011. The domestic market will remain the primary driver of growth, but export growth will improve once the implementation of the WHTI is past and additional open skies agreements are signed.
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