The museum is a non-profit organization whose mandate is to acquire, document, preserve and maintain a complete collection of aircraft that were flown by Canadians and the Canadian military services from the beginning of the Second World War to the present.
A large collection of military aircraft that have played a major role in the Canadian military are displayed, including one of two airworthy Avro Lancasters and a Supermarine Spitfire. The museum is also in the process of restoring lesser known but historically significant aircraft, including a Westland Lysander and a Bristol Bolingbroke (a version of the Bristol Blenheim).
The Avro Lancaster flown out of the museum, one of only two airworthy Lancasters in the world, is known as the Mynarski Memorial Lancaster in honour of Pilot Officer Andrew Charles Mynarski, and is painted in the markings of his aircraft.
A partial list of aircraft at the museum (note that some of these include aircraft undergoing restoration):