•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•

Air Canada announced on Friday that the airline is suspending select U.S.-bound flights as jet fuel prices continue to skyrocket in the wake of the Iran war. The cuts, set to take effect this summer and last at least five months, will impact all service to John F. Kennedy International Airport (JFK) in New York City and the Salt Lake City International Airport (SLC) in Utah, the airline said. “As we regularly do, we monitor and review our network to ensure that routes are meeting profitability targets,” the air carrier said in a statement. “Jet fuel prices have doubled since the start of the Iran conflict, affecting some lower profitability routes and flights which now are no longer economically feasible. Schedule adjustments including some frequency reductions are being made in response.” Affected customers will be contacted with alternative travel options, the Canadian carrier said. The airline specified that JFK will not see service from June 1 through Oct. 25, 2026, from its two hubs in Montreal and Toronto. The move could reflect a consolidation strategy, as routes to nearby Newark (EWR) and LaGuardia (LGA) airports remain unaffected, according to the release. Air Canada operates more heavily out of those two airports than JFK, its website shows, with local outlet CTV News reporting roughly 34 daily departures from across Canada. Jet fuel prices increased to $3.79 on Friday, more than a 50% increase since the day before the Iran war broke out on Feb 27, according to Airlines for America. Several U.S. airlines have also adopted new cost-cutting measures to offset rising jet fuel prices, with JetBlue, Southwest, American and United Airlines increasing checked bag fees. FOX Business reached out to Air Canada for more information.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…