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WestJet is gradually raising fares to offset jet fuel costs that have doubled this year.
KEY POINTS
- Average Canadian domestic airfares are up nearly 20% according to travel search engine KAYAK.
- Since Iran closed the Strait of Hormuz, commodity prices and airline tickets have surged in tandem.
- WestJet has reduced flight frequencies by about four percent for June to September to manage costs.
- Global airlines have cut summer service by 3.6%, eliminating more than nine million seats, per Cirium.
COMPANIES
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