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TwitterThis statistic represents the share of seats offered in Canada's domestic air traffic market in the week of August 3, 2020, based on the number of departing seats. During that time period, Canada's leading airlines, Air Canada and WestJet, held around ** percent of the total departing seats. Airlines market share in Canada Canada’s air carrier market is dominated by the duopoly of Air Canada and low-cost airline WestJet, but other regional and charter operators, like Porter Airlines, serve some small segments of the market. Air Canada is the national flag carrier serving the busiest Canadian hubs Toronto, Vancouver and Montreal-Pierre Elliot Trudeau International Airport. With ****** employees, the airline generated only *** million Canadian dollars from its passenger transportation service in 2020, a ** percent decrease compared with the previous year. The Calgary-based airline, WestJet started as a low-cost airline in 1996 and by 2020, the company carried passengers to over 100 destinations in North America, Central America, the Caribbean and Europe. In 2019, the airline generated operating revenue of over *** billion Canadian dollars from transporting passengers on more than **** billion miles. Given the year-on-year growth of low cost carriers in the Canadian market in recent years, there are favorable circumstances but also great challenges for a new player to compete against the abiding duopoly between Air Canada and WestJet. NewLeaf was Canada’s new ultra-low cost carrier (ULLC), supposed to be commencing operations with its first Hamilton-Moncton flight on July 25, 2016 but encountered difficulties getting a licence from the Canadian Transportation Agency (CTA). The airline was based at Winnipeg James Richardson International Airport and sold tickets for multiple domestic and international flights operated by the charter airline Flair Airlines. Another contender for the ultra-low fare battle is Canada Jetlines. The Canadian ultra-low cost airline is headquartered in Vancouver and was expected to begin operations on December 17, 2019 with flights throughout Canada, the United States, Mexico, and the Caribbean.
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TwitterIn 2023, the number of passengers carried by Air Canada amounted to approximately 44.8 million passengers. Air Canada Air Canada is the national carrier of Canada, being founded by the Canadian government in 1937. The airline was fully privatized in 1989 and in 2001 acquired Canada’s then second largest airline – Canadian Airlines – to become the dominant airline in the Canadian market. The company experienced financial difficulties throughout the 2000’s and into 2010's but has consolidated their financial position in last ten years, recording strong revenue growth in 2018 and 2019, before affected severely by the coronavirus pandemic .Amid the global pandemic, the company's operating revenue decreased dramatically from 19 billion to around six billion Canadian dollars in 2020. As of 2022, the total operating revenue of Air Canada was 13.6 billion Canadian dollars. This was considerably higher than the previous year but still lower than the pre-pandemic year. Air travel in Canada The two main airlines in the Canadian market are Air Canada and low-cost carrier WestJet, who held domestic market shares of 46 percent and 34 percent respectively in 2018. In terms of passenger numbers, WestJet historically carries around half as many as Air Canada. This discrepancy can be explained by the far greater range of international destinations offered by Air Canada. However, the number of customer complaints received about Air Canada is disproportionately, coming in at 1,997 in 2019 – compared to 369 for WestJet.
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Air Canada reported CAD6.82B in Market Capitalization this February of 2026, considering the latest stock price and the number of outstanding shares.Data for Air Canada | AC - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last February in 2026.
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Monthly operational statistics (passengers, passenger-kilometres, available seat-kilometres, load factors - scheduled, goods carried, goods tonne-kilometres, hours flown, and turbo fuel consumed, broken down by scheduled and charter services), for major Canadian airlines, level IA (Air Canada and WestJet).
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Over the past five years, Canada’s airline industry has navigated extraordinary volatility, initially prompted by the sharp demand contraction during the COVID-19 pandemic and persistent inflationary headwinds that have pressured household budgets. A defining feature of this period was the innovative adaptation by airlines, which converted passenger aircraft into freighters to offset diminished passenger revenues and address global supply chain disruptions. Despite these efforts, elevated interest rates have limited freight activity and competition from international airlines has constrained airlines’ ability to capitalize fully on rebounds in inbound tourism. Though demand for air travel has recovered, especially for visitors to Canada, revenue growth has normalized after a COVID-driven surge, reaching a five-year compound annual growth rate (CAGR) of 23.1%, with current-year revenue remaining flat at $31.9 billion. Profit margin collapsed to 3.6% of revenue in 2020 from 12.7% in 2019 and has since staged a partial recovery to 8.6% as of 2025. Regulatory liberalization has gradually shifted the landscape, giving rise to new low-cost carriers and intensifying competition, particularly in the wake of regulatory actions halting further consolidation. However, dominant players such as Air Canada have maintained their market position, especially as market concentration increased after recent bankruptcies among discount airlines. As the industry consolidates, these networks have benefited from inbound tourism, even as operational costs remain high. While profit is still below historical norms, the sector continues improving. At the same time, key external drivers, notably robust inbound tourism and the expanding pool of high-income households, have supported the recovery and gradual uptick in industry profit. Looking to the next five years, the outlook for Canada’s airlines is shaped by balanced risks and opportunities. Higher consumer incomes and a potential resurgence in corporate travel will counteract ongoing macroeconomic challenges, including fluctuating oil prices and uncertainty surrounding trade and currency markets. Heightened domestic and global competition will likely limit price increases and restrain profit expansion, despite potential cost savings from lower oil prices. Industry revenue is forecast to drop modestly, with a CAGR of -0.4%, bringing total industry revenue to $31.3 billion by 2030. Profit margin will remain relatively stable, easing only slightly to 8.4% by the end of the outlook period, as airlines adapt to evolving regulatory, economic and consumer landscapes.
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Air Canada stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.
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TwitterThis statistic represents the share of seats offered by air carriers in Canada for international traffic in 2015. Canada's leading airlines, Air Canada and WestJet, held more than ** percent of the international traffic market.
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TwitterIn 2023, the Canadian airline employed around 35,700 people, a 17 percent increase as compared to the previous year. Air Canada Founded in 1937, Air Canada is the flag carrier and the largest airline for passenger aviation in Canada. With a rich corporate history, Air Canada went through many challenging and transformative times. For instance, the company filed bankruptcy in 2004 and started restructuring the company to enhance its resilience. Since then, the company demonstrated a remarkable growth path. Passenger operating revenue of Air Canada went up steadily throughout recent years, generating over 17 billion Canadian dollars in 2019. Passengers carried by Air Canada increased similarly over the recent years. In 2019, the airline transported 51 million travelers. Based on market value, Air Canada was the 16th largest airline worldwide as of May 2020. Aviation in Canada The Canadian aviation industry encompasses a considerably large market with participant firms, such as Air Canada, WestJet, Porter Airlines and Flair Airlines. Measured by the passenger and freight traffic, Vancouver, Toronto, Calgary and Edmonton airports are the leading airports in Canada. In 2019, Toronto Pearson International was the leading airport in Canada by the number of passengers handled. During recent years, there seems to be a decline in the quality of air services in Canada. For example, in a survey carried out in 2017, 44 percent of respondents in Canada stated that the airline service quality in Canada has worsened. The concerns of people surveyed could be also demonstrated by the fact that Canadian air transport services were not ranked as one of the most efficient one worldwide in 2019.
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Canada Air Spring Market valued USD 113.5 Mn in 2023, and it is projected to reach USD 213.4 Mn by 2030, driven by the increase in automotive production
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TwitterThe coronavirus pandemic impacted the Canadian scheduled air transportation market. In 2020, the Canadian scheduled air transportation market dropped to **** billion U.S. dollars but is estimated to reach ** billion U.S. dollars in 2021.
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TwitterUnited Airlines, founded in 1926 as Varney Air Lines, is one of the four major air carriers in the United States, with a domestic market share of *** percent in 2021. United Airlines in the U.S. In 2010, United Airlines merged with Continental Airlines, following discussions started in 2008, and changed its name to United Continental Holdings to reflect the merger agreement into one of the world’s largest airlines. The airline brought in over **** billion U.S. dollars in revenue from its Canadian and domestic routes in 2021. Its largest hub, Denver International, handled *** million passengers that year. United Airlines in the worldDue to the COVID-19 pandemic, the airline generated only **** billion U.S. dollars in operating revenue and transported only ***** million passengers worldwide in 2021. The company is often amongst the leading airlines in the world in terms of ancillary revenue, passenger kilometers flown or brand value. United Airlines is one of the world’s largest airline when it comes to the number of destinations served – *** destinations as of August 2022.
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TwitterUSD 1588.76 Million in 2024; projected USD 2449.85 Million by 2033; CAGR 4.91%.
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TwitterUSD 445.72 Million in 2024; projected USD 601.84 Million by 2033; CAGR 3.45%.
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The Canada HVAC Equipment Market Report is Segmented by Equipment Type (Heating Equipment, Ventilation Equipment, and Air-Conditioning Equipment), Installation Type (New Construction, and Retrofit/Replacement), End User (Residential, Commercial, and Industrial), and Building Type (Office, Healthcare, Hospitality, Retail, Educational, and Data Centers). The Market Forecasts are Provided in Terms of Value (USD).
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Canada Air Fryer market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities. Get a free sample of report today.
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TwitterUSD 10.78 Billion in 2024; projected USD 18.81 Billion by 2033; CAGR 6.41%.
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TwitterUSD 1126.4 Million in 2024; projected USD 1454.59 Million by 2033; CAGR 2.9%.
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TwitterThe global airline industry's revenue distribution showcased the dominance of established markets, with the United States and Canada leading at **** percent market share. This North American stronghold was closely followed by Europe at **** percent, while emerging markets in Latin America contributed a modest * percent to the industry's revenue landscape. North American carriers maintain leadership American carriers continued to set the pace in the global airline sector. American Airlines stood out as a front-runner, operating ******* flights in North America in 2024, surpassing Delta Air Lines' ******* flights. This operational prowess was similar in passenger traffic, with American Airlines carrying nearly *** million passengers in 2023, while Delta Air Lines followed with *** million. The financial implications of the company were significant. In the fiscal year 2023, American Airlines Group's operating revenue was **** billion U.S. dollars, representing an eight percent increase from the previous year. Ancillary revenue and Middle Eastern growth While North American carriers led in overall market share, other regions and revenue streams were gaining importance. In 2023, Middle Eastern carriers were making significant strides in passenger traffic. Emirates Airline transported nearly ** million passengers in 2023, with Qatar Airways Group following at ** million, highlighting the growing influence of Middle Eastern airlines in the global aviation landscape.
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TwitterUSD 2165.68 Million in 2024; projected USD 5317.46 Million by 2033; CAGR 10.49%.
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In 2023, the Canada Air Handling Unit (AHU) Market reached a value of USD 407.3 million, and it is projected to surge to USD 491.8 million by 2030.
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TwitterThis statistic represents the share of seats offered in Canada's domestic air traffic market in the week of August 3, 2020, based on the number of departing seats. During that time period, Canada's leading airlines, Air Canada and WestJet, held around ** percent of the total departing seats. Airlines market share in Canada Canada’s air carrier market is dominated by the duopoly of Air Canada and low-cost airline WestJet, but other regional and charter operators, like Porter Airlines, serve some small segments of the market. Air Canada is the national flag carrier serving the busiest Canadian hubs Toronto, Vancouver and Montreal-Pierre Elliot Trudeau International Airport. With ****** employees, the airline generated only *** million Canadian dollars from its passenger transportation service in 2020, a ** percent decrease compared with the previous year. The Calgary-based airline, WestJet started as a low-cost airline in 1996 and by 2020, the company carried passengers to over 100 destinations in North America, Central America, the Caribbean and Europe. In 2019, the airline generated operating revenue of over *** billion Canadian dollars from transporting passengers on more than **** billion miles. Given the year-on-year growth of low cost carriers in the Canadian market in recent years, there are favorable circumstances but also great challenges for a new player to compete against the abiding duopoly between Air Canada and WestJet. NewLeaf was Canada’s new ultra-low cost carrier (ULLC), supposed to be commencing operations with its first Hamilton-Moncton flight on July 25, 2016 but encountered difficulties getting a licence from the Canadian Transportation Agency (CTA). The airline was based at Winnipeg James Richardson International Airport and sold tickets for multiple domestic and international flights operated by the charter airline Flair Airlines. Another contender for the ultra-low fare battle is Canada Jetlines. The Canadian ultra-low cost airline is headquartered in Vancouver and was expected to begin operations on December 17, 2019 with flights throughout Canada, the United States, Mexico, and the Caribbean.