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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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Your daily horoscope: June 25, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Some days you are oh-so-serious and other days you behave as if you don’t have a care in the world, but if you put your mind to it this year you can find ways to be serious and fun-loving at the same time. Enjoy the best of both worlds.

ARIES (March 21 - April 20):

Relationships of all sorts are taking a turn for the better but you must not get complacent because there are still people out there who will cheat you if they get the chance. Yes, it is possible to be relaxed about life while keeping up your guard.

TAURUS (April 21 - May 21):

If someone you work or do business with makes the kind of offer you would usually be suspicious about you must not reject it out of hand. The planets indicate that on this occasion they genuinely want you to share in their good fortune.

GEMINI (May 22 - June 21):

You must not allow other people to distract you today, because you have important matters to take care of and every minute wasted on frivolous activity is a minute that could have been better spent elsewhere. If it’s not making you money then give it a miss.

CANCER (June 22 - July 23):

You may not always be the most logically-minded member of the zodiac but who needs logic when you possess a level of intuition that reveals answers before most people have realized there is even a question? Act on what your inner voice tells you today.

LEO (July 24 - Aug. 23):

There will be times today when you don’t know whether to laugh or cry, such are the crazy goings on in your world. Overall though you can be confident that whatever occurs you will come out of it smelling of roses. But hold your nose when others are around.

VIRGO (Aug. 24 - Sept. 23):

Although your hopes and dreams have taken a bit of a battering of late there is every reason to believe that the events of the next few weeks will make up for it and set you on the road to serious success. It’s no less than you deserve.

LIBRA (Sept. 24 - Oct. 23):

You must maintain a positive frame of mind today, even if what is taking place around you makes it hard to believe that there is still something good behind the bad. The cosmic plan is such that even the worst events can be used to create a happy ending.

SCORPIO (Oct. 24 - Nov. 22):

Why are you getting anxious about a situation that nine times out of ten would not bother you in the slightest? Whatever the reason you need to get control of your mind again and tell it to focus on beneficial outcomes rather than damaging ones.

SAGITTARIUS (Nov. 23 - Dec. 21):

It is of the utmost importance that you deal quickly and decisively with an issue that is getting worse over time. You could ignore it and hope that it resolves itself but deep down you know that isn’t going to happen. This is a test for you personally.

CAPRICORN (Dec. 22 - Jan. 20):

It may be true that one of the people you love most in the world has been a bit unhelpful of late but this is only a passing phase and you will see a distinct improvement in their attitude over the next 24 hours. You’ll be sweethearts again!

AQUARIUS (Jan. 21 - Feb. 19):

There is no good reason why you should spend every minute of the day trying to get on top of your workload, so get tough and let colleagues and employers know that you’ll take on no more. They will actually respect you for putting your foot down.

PISCES (Feb. 20 - Mar. 20):

If you snap your fingers today the world will come running to do your bidding. Cosmic activity in the most dynamic area of your chart is such that even people you consider to be rivals and enemies will want you to do well. Don’t disappoint them.


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