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newsApr 23, 20261:00

Airlines Slash Flights Amid Soaring Jet Fuel Prices

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Air Transat and other airlines cut flights due to soaring jet fuel prices, focusing on profitable routes amid industry-wide cost surge.

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Airlines Slash Flights Amid Soaring Jet Fuel Prices

Canada News Today | 2 Min News | The Daily News Now!

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Canada News Today | 2 Min News | The Daily News Now!Airlines Slash Flights Amid Soaring Jet Fuel Prices. Machine-transcribed; use the interactive transcript above to jump the player to any line.

Jeff Fuel prices are skyrocketing from the Middle East conflict, and its grounding flights across airlines. Canadian Carrier Air Transad just announced a 6% cut to its schedule through October 2026, blaming the fuel crisis and supply, squeezes. They're dialing back routes to Europe and the Caribbean, while extending their Cuba suspension to October. The goal is to focus on the most profitable paths amid this wild energy market swing. Travelers hit by changes get alternative flights, and demand stays solid despite the hassle. Air Transad CEO calls it an industry-wide hit, from costs nobody saw coming. Air Canada already acts to half dozen routes, WestJet's trimming 6% through June, and Lufthansa's dropping 20,000 short haul flights. To say 40,000 metric tons of pricier fuel, everyone's eyes glued to fuel trends now. Tweeking plans as needed to keep wings in the air through this storm. That's your update from Canada News Today, powered by AI.

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