Air Canada Ordinary Shares (Voting and Variable Voting)

AC: XTSE (CAN)

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North America Airlines: Fuel Price Spike Could Mar Spring Results; Valuations Unchanged for Now

Nicolas Owens

Mar 4, 2026

Since the US and Israel launched an attack on Iran on Feb. 28, and Iran pledged to close the Strait of Hormuz to petroleum shipments, market prices for crude oil and other distillates like kerosene or heating oil have risen 12% in the two trading days since.

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Air Canada Ordinary Shares (Voting and Variable Voting)

North America Airlines: Fuel Price Spike Could Mar Spring Results; Valuations Unchanged for Now

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