Overview
- Air Canada, which announced Friday, will suspend service to New York’s JFK from June 1 to Oct. 25 as jet fuel prices make the route uneconomic.
- The pause covers four daily flights in total, with three from Toronto and one from Montreal, and the airline says affected customers will get alternate options.
- Service to the New York area continues through LaGuardia and Newark, where Air Canada maintains 34 daily flights from six Canadian cities.
- The carrier cites jet fuel prices that have roughly doubled since late February disruptions around the Strait of Hormuz, with market data showing a jump from about $2.50 to more than $4 per gallon.
- The International Energy Agency warned Europe may have only about six weeks of jet fuel stocks, and airlines worldwide are raising fees, adding surcharges, and trimming schedules, with KLM cutting 160 flights next month as one example.