🔴 Air Canada is trading 4.07% down today amid higher oil prices, though cause is unconfirmed

Air Canada is trading 4.07% down at CA$25.90, with higher fuel costs a possible sector headwind but no confirmed direct cause for the decline.

• No October 1 company-specific announcement explaining the decline surfaced in the available news search; the latest identified company release was its completed share buyback on September 28.
• Brent crude moved back above US$100 on October 1, while Treasury yields climbed; both pressures may weigh on airlines.