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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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Russia's Diplomatic Dance: Lavrov Lauds Trump, Criticizes Europe

In a recent statement, Russian Foreign Minister Sergei Lavrov praised former U.S. President Donald Trump for his "pragmatic" approach to ending the Ukraine conflict. Lavrov highlighted Trump's "common sense" and his willingness to shift U.S. foreign policy dynamics, contrasting it with Europe's stance, which he described as perpetuating global conflicts over centuries.

Lavrov accused European nations of being the "crucible of all the tragedies of the world," citing historical events like colonization, the Napoleonic Wars, and World Wars I and II. He criticized European leaders for their continued support of Ukraine, suggesting that their actions prolong the conflict rather than seek resolution.

The remarks come amidst ongoing tensions between Russia and the West, with the Ukraine war remaining a focal point of international diplomacy. Lavrov's comments underscore Russia's strategic narrative, positioning itself as a counterbalance to what it perceives as Western decadence and aggression.

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