EconomyAir Canada Cuts Outlook as Jet Fuel Costs Soar Nearly 50%
Air Canada lowered its full-year earnings outlook on Tuesday. The airline is contending with a sharp increase in jet fuel prices. The surge followed the Iran war. Higher fuel expenses have made the company’s view of its annual earnings less optimistic.
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Bloomberg News★★☆☆☆2026-08-12 10:00Original
Air Canada Cuts Outlook as Jet Fuel Costs Soar Nearly 50%
Economy