It’s been more than a year since the coronavirus pandemic took hold and air transportation was severely restricted.
Statistics Canada released the latest economic statistics on air travel this week. Unsurprisingly the numbers paint a troubling picture.
Large Canadian airlines carried less than 800,000 people in January. That’s nearly 90% less than the number of passengers the same airlines carried in January 2020.Operating revenues are down 85% compared to January 2020. GDP created by the industry fell even further, to just 11% of pre-COVID levels.