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Number of seats available in Low cost Airlines: Canada, 2020 - 2027 (thousand)

Industry: Airlines
Current: Other Industry Indicators

The Number of seats available in Low cost Airlines in Canada, attained a value of 37,884.26 thousand in 2023
The indicator recorded a historical growth (CAGR) of 37% between 2020 to 2023, and is expected to grow by ...
GlobalData projects the indicator to grow ...

Number of seats available in Low cost Airlines: Canada, 2020 - 2027 (thousand)

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Canada Airlines Industry

The airlines industry comprises of passenger air transportation, including scheduled flights but excluding air freight transport. Industry volumes are defined as the total number of seats sold by airlines registered within the specified country or region. Industry value is defined as the total revenue obtained by airlines from transporting passengers, calculated by applying the average revenue per passenger and applying this to a number of seats sold.

Impact of COVID-19 on the Canadian Airlines Sector

The Canadian airlines industry declined very strongly. The industry is expected to recover, driven by increases in domestic tourism and an increase in arrivals, particularly from the US. Domestic and international tourism saw a marked decline due to travel restrictions and lockdowns, which led to a significant decline in the airlines industry. Canada implemented tough sanctions, with it being very difficult to leave or enter the country for travel, which had a serious impact on the airlines industry.

Global Airline Company Profiles

Southwest airlines co.

Southwest Airlines Co. (Southwest Airlines or 'the company') is a passenger airline that provides scheduled passenger and freight transportation services. The company primarily provides point-to-point, low-fare services throughout the US and near-international markets. Southwest Airlines principally provides point-to-point air transportation services. The company's point-to-point route structure includes services to and from many secondary or downtown airports such as Dallas Love Field, Houston Hobby, Chicago Midway, Baltimore-Washington International, Burbank, Manchester, Oakland, San Jose, Providence, and Ft. Lauderdale-Hollywood.

Jetblue airways

JetBlue Airways Corporation (JetBlue or 'the company') is a low-cost passenger airline that provides customer service primarily on point-to-point routes. The company primarily operates in the US.

Ryanair holdings plc.

Ryanair Holdings Plc. (Ryanair) is an Irish low-cost scheduled passenger airline that offers short-haul, point-to-point routes mainly in Europe. It operates from its bases to airports across Europe referred to as “Ryanair’s bases.” The company operates these routes between Ireland, the UK, Continental Europe, Morocco, and Israel.