Air Transat latest Canadian airline to suspend flights due to high price of fuel

3 hours ago 7
Air TransatAir Transat is the latest Canadian airline to announce cuts to its flight schedule due to the high cost of jet fuel. Photo by John Mahoney /Montreal Gazette

Article content

Climbing jet fuel prices have partially grounded another Canadian airline, forcing it to cut back its flight schedule.

National Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS

Enjoy the latest local, national and international news.

  • Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.
  • Unlimited online access to National Post.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles including the New York Times Crossword.
  • Support local journalism.

SUBSCRIBE FOR MORE ARTICLES

Enjoy the latest local, national and international news.

  • Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.
  • Unlimited online access to National Post.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles including the New York Times Crossword.
  • Support local journalism.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

On Wednesday, Air Transat announced suspension of six per cent of its flights thanks to the oil shock arising from the war in the Middle East. In a public statement, the airline announced it has revised its 2026 program, with targeted adjustments on certain routes, in response to the “unprecedented aviation fuel crisis and exceptional volatility” in energy markets.

Article content

Article content

Article content

The airline says it “has been facing significant fuel price volatility for several weeks,” as well as supply constraints in regions such as Cuba. That has resulted in reducing the number of flights on some routes to Europe and the Caribbean and extending the suspension of service to Cuba until October. Affected customers will be offered alternative travel options.

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

The measures, says Air Transat, are aimed at optimizing capacity by prioritizing the airline’s most profitable routes. “The changes implemented to date represent a 6% reduction in planned capacity from May to October 2026.”

Article content

“The recent volatility in aviation fuel prices reflects an exceptional environment affecting the entire sector,” said Annick Guérard, president and Chief Executive Officer. “We are closely monitoring the situation, as cost pressures continue to be felt across the industry. We will continue to optimize our program based on demand, which remains strong. Additional measures may be implemented depending on how the situation evolves, beyond our control.”

Article content

Air Transat’s decision comes after Air Canada and WestJet trimmed their capacity across the globe in less lucrative routes and ground older, less energy-efficient planes in the face of high fuel costs, reports Bloomberg.

Article content

Article content

Air Canada, the country’s largest airline, announced the suspension of a half-dozen routes, citing higher fuel costs, National Post has previously reported. WestJet on Monday announced flight capacity cuts from April through June — that month’s reduction will reach six per cent.

Article content

Article content

Meanwhile, Lufthansa has announced reductions of its summer capacity.

Article content

“In total, 20,000 short-haul flights will be removed from the schedule through October, equivalent to approximately 40,000 metric tons of jet fuel, the price of which has doubled since the outbreak of the Iran conflict,” said the airline in a public statement.

Article content

The adjustments will reduce the number of short-haul flights across the Lufthansa Group network in its six hubs in Frankfurt, Munich, Zurich, Vienna, Brussels, and Rome. Otherwise, says the airline, passengers will still have access to its global route network, particularly through long-haul connections.

Article content

As previously reported by National Post, experts have warned about fuel shortages in Europe causing disruptions through the summer travel season.

Article content

Article content

Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark nationalpost.com and sign up for our daily newsletter, Posted, here.

Article content

*** Disclaimer: This Article is auto-aggregated by a Rss Api Program and has not been created or edited by Bdtype.

(Note: This is an unedited and auto-generated story from Syndicated News Rss Api. News.bdtype.com Staff may not have modified or edited the content body.

Please visit the Source Website that deserves the credit and responsibility for creating this content.)

Watch Live | Source Article