Air Canada Suspends 2026 Full-Year Guidance Amid Uncertain Jet Fuel Costs

Air Canada Suspends 2026 Full-Year Guidance Amid Uncertain Jet Fuel Costs
A worker fuels an Air Canada jet at DFW International Airport in Grapevine, Texas, on April 14, 2026. AP Photo/LM Otero, File
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Air Canada is suspending its guidance for the full 2026 year as jet fuel prices remain volatile due to war in the Middle East, though it did offer an outlook for the second quarter.

The news comes as the Montreal-based airline reported net income of $48 million during the first quarter, compared with a net loss of $102 million during the same period last year.