AIR CANADA CUTS ROUTES

Air Canada is suspending a number of unprofitable routes and slashing planned seat capacity as it grapples with soaring fuel costs. The airline’s move, revising a capacity forecast published just five weeks ago, highlights the extent to which fuel costs are forcing some airlines to rethink growth. It also of course shows a much firmer grip on the need to move with cost factors at speed. Air Canada is suspending flights effective May 1 on a number of routes that it says are no longer profitable with fuel prices above £110. Routes cut include Ottawa to Thunder Bay, Ottawa to