Passenger Air Services Price Index, 2015
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Released: 2017-01-26
The Passenger Air Services Price Index (PASPI) decreased 2.0% in 2015 compared with 2014. Both domestic fares (-4.6%) and international fares (-0.1%) posted declines, reflecting the decrease in jet fuel prices.
Air fares have historically responded to changes in jet fuel prices, as seen in 2009 when PASPI reached its lowest point since its inception.
Note to readers
The Passenger Air Services Price Index is an annual series measuring the price change for base air fares to provide indications of the overall trend of domestic and international fares over time. The index covers the operations of major Canadian air carriers.
With each release, data for the previous year may have been revised. The indexes are not seasonally adjusted. Data are available at the Canada level only.
Prior to the release of the Passenger Air Services Price Index, air fare indexes up to 2011 were published in "Air Fare, Canadian Air Carriers, Level I," as part of the publication Aviation (51-004-X).
Infographic: Producer Price Indexes at a Glance
The infographic "Producer Price Indexes at a Glance," which is part of Statistics Canada — Infographics (11-627-M), is available. This infographic demonstrates how producer price indexes for goods and services are calculated and why they are important for the Canadian economy.
Contact information
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