4 articles
Air Canada lowered its full-year earnings forecast citing a 49% surge in jet fuel expenses due to geopolitical tensions, while raising capital through a C$2.5 billion sale of its Aeroplan loyalty stak
Air Canada suspended its 2026 financial guidance due to surging jet fuel prices driven by Middle East tensions. Competitors like United also slashed forecasts as the industry faces significant externa
Air Canada will reduce daily New York flights from 38 to 34 starting June 1 due to soaring jet fuel prices driven by the Iran conflict. European airlines warn of shortages, while North American carrie
Air Canada will suspend daily flights to JFK from June 1 due to jet fuel prices doubling amid the Iran conflict, citing reduced economic viability on lower-profitability routes.
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