Air Canada posts loss, lowers guidance as fuel costs jump nearly 50%

Air Canada posts loss, lowers guidance as fuel costs jump nearly 50%

Air Canada swung to a $178M Q2 loss as fuel costs surged 49%, forcing the airline to cut 2026 EBITDA guidance to $2.9–3.2B. IT lesson: even pricing-power operators face margin squeeze from commodity shocks—expect capex freezes and delayed digital initiatives in transport/logistics sectors.