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Business

Air Canada cuts annual profit forecast as fuel costs outpace fare hikes

Marcus Chen
Marcus Chen
Marcus Chen
Managing Editor · St. Paul, MN

Marcus manages the day-to-day editorial workflow across all brands, coordinating coverage assignments and ensuring editorial standards are met. He previously served as city editor at the Pioneer Press and holds a degree in Political Science from Carleton College.

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Managing Editor · Thursday, October 29, 2026 at 9:13 PM · 1 min read
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Air Canada cuts annual profit forecast as fuel costs outpace fare hikes — Vancouver Business news

Air Canada AC-T cut its 2026 core profit forecast on Thursday as a sharp rise in jet fuel costs squeezes margins, outrunning the airline’s ability to offset the impact through fare hikes.

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