Air Canada scraps 2026 forecast as Iran war clouds fuel cost, demand outlook

ReutersApr 30, 2026 8:33 PM

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April 30 (Reuters) - Air Canada AC.TO pulled its full-year core profit forecast on Thursday, as the war in Iran pushes up jet fuel prices and clouds the outlook for demand.

The Canadian flag carrier had previously estimated an adjusted earnings before interest, taxes, depreciation, amortization and impairment in the range of C$3.35 billion ($2.47 billion) to C$3.75 billion.

($1 = 1.3584 Canadian dollars)

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