WestJet making adjustments as oil and gas prices remain high

Rising oil and gas prices linked to the U.S.–Israel/Iran war are forcing WestJet to adjust operations, increasing fuel cost exposure and pressuring margins and consumer demand. Gasoline pain in Alberta is already denting travel demand, implying potential fare or capacity changes for carriers to defend unit economics.

Analysis

Rising oil and gas prices linked to the U.S.–Israel/Iran war are forcing WestJet to adjust operations, increasing fuel cost exposure and pressuring margins and consumer demand. Gasoline pain in Alberta is already denting travel demand, implying potential fare or capacity changes for carriers to defend unit economics.