Of course, fuel is the number-one expense, whether you're in an airline or in business aviation operations. Jurisdictionally, provinces are enacting low-fuel standards, and this adds costs to that fuel per litre. Yes, whether it's related to a carbon tax, the airport operations or an air navigation service provider, costs for Canadians are going up. This translates to higher ticket costs. That is one input.
On November 16th, 2023. See this statement in context.