Transat AT
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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 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 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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Transat secures $700M deal with feds, intends to issue customer refundsThe deal with Ottawa is through the Large Employer Emergency Financing Facility.CanadaApr 29, 2021
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Air Canada, Transat deal up in the air as deadline passesThe acquisition was set to be completed by Feb. 15, but the deal has not yet received approval from the European Union.CanadaFeb 16, 2021
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Air Transat to pause all routes from Toronto until April 30Transat AT says it is suspending all flights from Toronto and some Montreal routes for the remainder of its winter season.CanadaJan 27, 2021
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Transat AT board reaffirms support for takeover by Air Canada, clarifies Péladeau bidTransat says a Dec. 22 unsolicited proposal from Péladeau's investment company Gestion MTRHP Inc. is not supported by binding, fully committed financing.Jan 12, 2021
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Transat share price rises after Air Canada announces revised takeover bidThe agreement is expected to close in late January or early February, with a deadline set for Feb. 15.EconomyOct 13, 2020
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