Reuters

Canada launches jet-fuel bailout for airlines: up to $150m in loans plus fuel tax suspension

Ottawa is rolling out a new federal program to help domestic carriers absorb high jet-fuel costs, offering subsidized loans of up to $150 million per airline. The package also includes suspending airline fuel taxes, with Air Canada expected to be the largest beneficiary as taxpayers absorb risk.

2026-06-08T14:42:49.761150-07:00
Associated PressRio Yamat

US carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half

By Associated Press: New government data released Monday shows U.S. airlines spent nearly $6.5 billion on jet fuel in April.

2026-06-08T12:58:43.268868-07:00
thebulkheadseat.comAnthony Losanno

WestJet and Icelandair Launch New Codeshare Partnership

By thebulkheadseat.com: WestJet and Icelandair have signed a new reciprocal codeshare agreement at the 2026 International Air Transport Association (IATA) Annual General Meeting.

2026-06-08T08:56:12.353468-07:00