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  1. In 2012, Canadian Level I to III air carriers reported 66.8 million enplaned passengers, up 6.2% from 2011. The domestic sector rose 5.3% in 2012 to 36.3 million passengers, while the international sector (including Canada-United States) increased 7.4% to 30.5 million passengers. The scheduled passenger counts reached 60.1 million and the charter passenger counts, 6.7 million. In terms of passenger-kilometres flown, these carriers recorded 156.2 billion passenger-kilometres in their scheduled and charter operations in 2012, up 6.2% from the previous year. The international sector (+7.0%) advanced at a faster pace than the domestic sector (+4.3%).

  1. After reporting a net income of $144.8 million in 2011, Canadian Level I to III air carriers reported a net income of $699.0 million in 2012. In 2012, total operating revenues generated by the Canadian Level I to III air carriers amounted to $20.3 billion, up 6.5% (or +$1.2 billion) from 2011. Total operating expenses increased to $19.2 billion in 2012, up 4.0% (or +$0.7 billion) from the previous year.

  1. In 2012, 94.7 cents of each operating revenue dollar were used to cover operating expenses. Aircraft operations absorbed the largest portion of each operating revenue dollar, at 51.7 cents, followed by general services and administration (27.1 cents) and maintenance (10.7 cents).

  1. Total assets of the Canadian Level I to III air carriers stood at $16.9 billion in 2012, down 0.4% compared to 2011.

  1. The aviation industry’s earning power is reflected in the profitability ratios of profit margin, return on investment and return on assets. In 2012, the profit margin was 3.4% compared to 0.8% in 2011. This shows that every dollar of service sold, in 2012, earned 3.4 cents of profit for the Canadian Level I to III air carriers. The growth in profit in 2012 compared to 2011 reflected the increase in operating income and the decrease in net non-operating expenses. Operating income rose as the gain in operating revenues offset the increase in operating expenses. The increase in operating expenses was led by aircraft operations (fuel cost and wages and salaries) and by maintenance (materials and supplies and purchased repair services). Both return on assets and return on investment also showed increasing profitability within the aviation industry in 2012. The rate of return on assets went from 0.9% in 2011 to 4.1% in 2012, while the rate of return on investment rose from 3.2% in 2011 to 6.4% in 2012.

  1. Total employment in the aviation industry grew 2.3% to 54,351, while total wages and salaries went up 6.5% to $3.6 billion. In 2012, wages and salaries accounted for 18.9% of the operating expenses, up from 18.4% in 2011.

  1. Canadian Level I to III air carriers consumed 6.6 billion litres of fuel (turbine fuel and gasoline) in 2012 and spent $6.0 billion acquiring the fuel. In 2012, fuel costs accounted for 31.0% of the operating expenses, up from 30.2% in 2011.
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