Transat
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Transat says travel demand nearly on par with 2019 despite higher pricesThe travel company says the loss amounted to $1.49 per diluted share for the quarter ended Jan. 31. compared with a loss of $3.03 per diluted share a year earlier.EconomyMar 9, 2023
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Transat says it’s on track for strong winter season amid demand for sun destinationsTransat said its current cash position, combined with new financing obtained during the quarter, gives it flexibility for the future.EconomySep 8, 2022
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Despite travel rebound, soaring fuel prices dig into Transat earningsThe Montreal-based company says the recovery that was temporarily slowed down by the Omicron variant earlier this year is now firmly entrenched.CanadaJun 9, 2022
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Omicron hurts Transat sales as fuel costs rise, but summer bookings look brightThe travel company says it cancelled nearly 30 per cent of its flights scheduled for January.CanadaMar 10, 2022
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Looking to escape the Winnipeg cold? It might be tough finding a direct flightSince the announcement of easing COVID-19 restrictions, Manitoba travel agents have seen a surge in calls from prospective vacationers for March break and beyond.LifestyleFeb 24, 2022
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Transat cuts nearly 30% of winter flights as Omicron soarsThe Montreal-based company, which did not specify which routes were affected, says customers will be fully refunded and, where possible, offered rebooked reservations.CanadaJan 6, 2022
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Transat sees steady demand for winter travel despite fourth wave of COVID-19Transat does not expect to return to its pre-pandemic level of operations before 2023.EconomySep 9, 2021
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Transat ends takeover offer talks with PéladeauPierre-Karl Péladeau had made a non-binding offer for Transat of $5 per share in cash.CanadaJun 21, 2021
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Transat AT plans to resume flying by end of JulyThe travel company suspended operations on Jan. 29 after Ottawa's request to not travel to Mexico and the Caribbean as well as new quarantine measures and testing requirements.HealthJun 10, 2021
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Transat CEO Jean-Marc Eustache to retireHis retirement follows a tumultuous year due to the pandemic that also saw a deal for Transat to be bought by Air Canada fall apart.CanadaMay 26, 2021
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