Highlights
In 2024, Canadian air carriers continued to recover from the effects of the COVID-19 pandemic, recording increases in passengers carried and operating revenue, albeit at slower rates of growth than the previous two years.
In 2024, Canadian air carriers transported 92.7 million passengers, up 3.2% from 2023 and representing 98.4% of the passengers flown in 2019. Operating revenue totalled $37.8 billion in 2024, a 4.8% increase from 2023, however profits declined as increases in operating expenses outpaced revenue growth.
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