Canadian airlines are cancelling flights and raising fares as fuel costs climb due to the conflict in the Middle East, and analysts warn it will affect Canadians’ travel plans this summer.
Airlines including Air Canada, WestJet, and Air Transat have announced flight cancellations for the coming months due to jet fuel costs and a lack of supply, while several airlines have increased their prices.
Airline and energy experts say the situation could worsen in coming months, as fuel price increases continue to work their way through airline pricing and scheduling decisions.
“There’s a good argument to be made that we have to be very cautious this summer,” said Dan McTeague, president of Canadians for Affordable Energy. “Scarcity and availability are really the big words when it comes to jet fuel and aviation.”…