Air Canada Reduces Profit Outlook Again on Jet Fuel Costs

Air Canada lowered its full-year profit forecast for the second consecutive quarter, citing higher-than-anticipated jet fuel costs. The airline reduced its guidance in response to elevated fuel prices affecting its operating expenses. Air Canada did not announce a revised earnings figure or timeline for when fuel costs might stabilize.

• Bloomberg — Air Canada Reduces Profit Outlook Again on Jet Fuel Costs

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