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Canadian travellers may face higher airfares for months even if oil flows resume soon
- Jet fuel costs have surged due to the Iran war and closure of the Persian Gulf strait, leading Canadian airlines to raise airfares and reduce flights through the summer travel season, according to aviation analyst Rick Erickson.
- Major Canadian carriers have added fuel surcharges of $25 to $60 per ticket, with Air Canada adjusting schedules due to doubled jet fuel prices and less profitable routes, said spokesman Christophe Hennebelle.
- Repairs to Gulf refineries, slow production increases, and transport delays mean higher jet fuel prices will persist for some time, even if refinery damage is less severe or oil flow resumes, stated Gradek.
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11 Articles
11 Articles
The Toronto Star+9 Reposted by 9 other sources
Canadian travellers may face higher airfares for months even if oil flows resume soon
MONTREAL - Skyrocketing jet fuel costs threaten to push airfares up and flight numbers down well into the peak summer travel season, even as signs of hope emerge that oil
·Toronto, Canada
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Soaring kerosene costs threaten to push up airline prices well beyond the peak summer season even as encouraging signs point to a resumption of oil deliveries from the Persian Gulf.
·Montreal, Canada
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Total News Sources11
Leaning Left5Leaning Right0Center3Last UpdatedBias Distribution63% Left
Bias Distribution
- 63% of the sources lean Left
63% Left
L 63%
C 37%
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