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Air Canada has announced the temporary suspension of its services to John F. Kennedy International Airport during the upcoming summer period, as escalating jet fuel prices linked to the ongoing conflict in Iran continue to pressure airline operations.
The Canadian flag carrier confirmed on Friday that flights between Toronto and Montreal and JFK will be paused from June 1 and are expected to resume on October 25. However, services to other airports in the New York metropolitan area, including LaGuardia Airport and Newark Liberty International Airport, will continue as normal.
The airline stated that affected passengers will be contacted directly and offered alternative travel arrangements. According to Air Canada, the decision comes after a sharp rise in operating costs, particularly fuel expenses, which have made some routes financially unsustainable.
A company spokesperson noted that jet fuel prices have approximately doubled since the beginning of the Iran conflict, forcing the airline to adjust its schedule and focus on more viable routes.
Industry data from Argus Media shows that the average price of jet fuel surged to around $4.32 per gallon, compared to $2.50 before the conflict escalated. Although oil prices fell by more than 10% after reports that the Strait of Hormuz had reopened to commercial shipping, the aviation sector continues to face significant cost pressures.
Fuel and labour remain the largest operating expenses for airlines globally. Earlier this month, Delta Air Lines estimated that increased fuel costs would add around $2 billion to its quarterly expenses. Meanwhile, carriers such as JetBlue Airways and United Airlines have already begun increasing baggage fees and scaling back services to manage rising costs.
Energy experts have also warned of wider global implications. International Energy Agency Director Fatih Birol recently cautioned that Europe may have only a few weeks of jet fuel supply remaining, describing the situation as part of a broader global energy crisis.
