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Airlines Slash Flights as Jet Fuel Costs Surge, Squeezing Travellers and Markets

  Airlines Slash Flights as Jet Fuel Costs Surge Canadian travellers are facing fewer flight options and higher fares as jet fuel prices spike to multi‑year highs , forcing Air Canada and Air Transat to cut capacity across key routes. The surge in fuel costs is tied directly to the ongoing Iran conflict , which has disrupted global oil flows and pushed energy markets into another period of volatility. Air Transat is reducing service to Europe and the Caribbean, while Air Canada is suspending several regional and international routes it now considers unprofitable. For consumers, this means higher ticket prices, more crowded flights, and fewer choices heading into the summer travel season . Impact on the Economy and Inflation Airlines passing fuel costs to passengers adds fresh pressure to Canada’s already‑stubborn inflation outlook. Travel inflation — which had been easing — is now expected to rise again, complicating the Bank of Canada’s path toward rate cuts. Higher travel costs a...
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Tragic Consequences of Conflict: Israeli Strikes in Gaza and Lebanon

 

In a devastating series of events, Israeli airstrikes have resulted in significant loss of life and destruction in both Gaza and Lebanon. On Saturday night, an Israeli strike on the central Gaza Strip tragically killed a family of eight. The victims, who were residing in the Nuseirat refugee camp, included parents and their six children, aged between 8 and 23. The strike also left seven others wounded, with some in critical condition.

Simultaneously, in southern Lebanon, Israeli airstrikes destroyed a century-old market in the city of Nabatiyeh. The Ottoman-era market, which had stood since 1910, was reduced to rubble, resulting in the death of at least one person and injuries to four others. The destruction of this historic site marks a significant cultural loss for the region.

These incidents highlight the ongoing and severe impact of the conflict on civilian populations and infrastructure in the affected areas. The international community continues to call for de-escalation and a peaceful resolution to the hostilities.


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