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Air Canada says fuel costs spiked 49% from last year, with travel demand up

Society · en

Air Canada says fuel costs spiked 49% from last year, with travel demand up

Global News · Aug 12, 2026, 3:48 PM UTC

Air Canada said it spent 49 per cent more on aircraft fuel compared to a year ago while demand for air travel boosted its revenue, and it plans to sell a quarter stake of Aeroplan.