Air Canada to cut flights as fuel prices soar

BusinessInternationalAir Canada to cut flights as fuel prices soarBy Reuters -Apr 17, 2026Air Canada said on Friday it will trim ​daily flights to New York ‌from 38 to 34, starting in June, as higher fuel prices ​lead North American carriers ​to cut capacity on less profitable ⁠routes. Canada’s largest carrier is ​temporarily cutting four flights a ​day to New York’s John F. Kennedy International Airport, starting June 1, with ​plans to resume service ​on Oct. 25, 2026. In Europe, airlines have warned ‌of ⁠jet fuel shortages within weeks as a result of the Iran war which has blocked ​the main ​supply ⁠route through the Strait of Hormuz. In North ​America, airlines have raised ​baggage ⁠fees and cut planned capacity growth due to higher fuel prices, ⁠but ​have not cited ​shortages of jet fuel as an imminent ​concern.