Highlights
Archived Content
Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.
- In 2010, Canadian Level I to III air carriers reported 58.9 million enplaned passengers, up 7.0% from 2009. The domestic sector rose 2.6% in 2010 to 33.1 million passengers, while the international sector (including Canada-United States) increased 13.4% to 25.8 million passengers. The scheduled passenger counts reached 53.5 million and the charter passenger counts, 5.4 million. In terms of passenger-kilometres flown, these carriers recorded 136.0 billion passenger-kilometres in their scheduled and charter operations in 2010, up 10.9% from the previous year. The international sector (+15.3%) advanced at a much faster pace than the domestic sector (+2.7%).
- After reporting a net income of $220.3 million in 2009, Canadian Level I to III air carriers reported a net income of $445.5 million in 2010. In 2010, total operating revenues generated by the Canadian Level I to III air carriers amounted to $17.4 billion, up 12.7% (or +$2.0 billion) from 2009, returning to the 2008 level. Total operating expenses increased to $16.5 billion in 2010, up 8.2% (or +$1.3 billion) from the previous year.
- In 2010, 95.2 cents of each operating revenue dollar were used to cover operating expenses. Aircraft operations absorbed the largest portion of each operating revenue dollar, at 51.0 cents, followed by general services and administration (31.9 cents) and maintenance (10.7 cents).
- Total assets of the Canadian Level I to III air carriers reached $16.9 billion in 2010, up 8.7% compared to 2009.
- The aviation industry's earning power is reflected in the profitability ratios of profit margin, return on investment and return on assets. In 2010, the profit margin was 2.6% compared to 1.4% in 2009. This shows that every dollar of service sold, in 2010, earned 2.6 cents of profit for the Canadian Level I to III air carriers. The small growth in profit in 2010 compared to 2009 reflected the gain in operating revenues which offset the increase in the operating expenses (aircraft operations—fuel cost and wages and salaries—and general services and administration) and the decrease in net miscellaneous non-operating income. Both return on assets and return on investment also showed that the aviation industry expanded its profitability in 2010. The rate of return on assets went from 1.4% in 2009 to 2.6% in 2010, while the rate of return on investment went from 4.3% in 2009 to 5.3% in 2010.
- Total employment in the aviation industry grew 25.3% to 53,679, while total wages and salaries went up 17.8% to $3.2 billion. In 2010, wages and salaries accounted for 19.2% of the operating expenses, up from 17.7% in 2009.
- Canadian Level I to III air carriers consumed 6.1 billion litres of fuel (turbine fuel and gasoline) in 2010 and spent $4.3 billion acquiring the fuel. In 2010, fuel costs accounted for 25.8% of the operating expenses, up from 23.0% in 2009.
- Date modified: