Air Canada suspends flights to a New York airport due to rising fuel costs
Air Canada announced Friday that it will suspend its flights from Montreal and Toronto to New York's John F. Kennedy International Airport from June until the end of October, due to the increase in kerosene costs caused by the war in Iran. AFP "Since the beginning of the conflict with Iran, some routes and certain [...]
TL;DR
- Air Canada suspends flights to New York's JFK from Montreal and Toronto from June to late October.
- The suspension is attributed to increased kerosene costs resulting from the conflict in Iran.
- The airline stated that some less profitable routes have become economically unviable.
- Air Canada will continue operating 34 daily flights to New York's LaGuardia and Newark airports from six Canadian cities.
- Service to JFK is expected to resume after October 25.
- Iran announced the reopening of the Strait of Hormuz, but kerosene shortages may persist.
- Fuel costs represent 25-30% of airline operating expenses.
- Numerous airlines worldwide have increased fares and suspended flights due to safety or profitability concerns.