Highlights
Operating revenue for the 24 largest Canadian air carriers totalled $4.2 billion in the fourth quarter of 2021, well above the same quarter of 2020, but a little under two-thirds (65.0%) of that generated in the fourth quarter of 2019.
At $3.1 billion, passenger revenue remained the main source for airlines, while air cargo generated $844 million, or about one-fifth (19.9%) of the total, well above the 5%-to-7% revenue contribution pre-pandemic.
In the fourth quarter of 2021, Canadian carriers transported 11.0 million passengers on scheduled and charter services, up from the 9.2 million passengers carried in the previous quarter.
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