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Airlines Slash Flights as Jet Fuel Costs Surge, Squeezing Travellers and Markets

  Airlines Slash Flights as Jet Fuel Costs Surge Canadian travellers are facing fewer flight options and higher fares as jet fuel prices spike to multi‑year highs , forcing Air Canada and Air Transat to cut capacity across key routes. The surge in fuel costs is tied directly to the ongoing Iran conflict , which has disrupted global oil flows and pushed energy markets into another period of volatility. Air Transat is reducing service to Europe and the Caribbean, while Air Canada is suspending several regional and international routes it now considers unprofitable. For consumers, this means higher ticket prices, more crowded flights, and fewer choices heading into the summer travel season . Impact on the Economy and Inflation Airlines passing fuel costs to passengers adds fresh pressure to Canada’s already‑stubborn inflation outlook. Travel inflation — which had been easing — is now expected to rise again, complicating the Bank of Canada’s path toward rate cuts. Higher travel costs a...
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Farmers Protest in Brussels for Better Market Conditions

 


Farmers from across Europe are protesting in Brussels, the EU capital, to demand better market conditions. The farmers are blocking traffic in the city, causing major disruptions. 

The protest is part of a wave of farmer protests that have swept across Europe in recent months. The farmers are demanding that their issues be put on the summit agenda and that they be given better market conditions. The climax of the protest is set for Thursday, when farmers plan to protest outside EU headquarters during a summit of government leaders. The protest is expected to be large and disruptive.


 

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