Transat AT

• Transat says travel demand nearly on par with 2019 despite higher prices

  The 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.

  Economy

  Mar 9, 2023
  
• Transat cuts nearly 30% of winter flights as Omicron soars

  The Montreal-based company, which did not specify which routes were affected, says customers will be fully refunded and, where possible, offered rebooked reservations.

  Canada

  Jan 6, 2022
  
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• Transat ends takeover offer talks with Péladeau

  Pierre-Karl Péladeau had made a non-binding offer for Transat of $5 per share in cash.

  Canada

  Jun 21, 2021
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• Transat AT plans to resume flying by end of July

  The 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.

  Health

  Jun 10, 2021
• Transat CEO Jean-Marc Eustache to retire

  His retirement follows a tumultuous year due to the pandemic that also saw a deal for Transat to be bought by Air Canada fall apart.

  Canada

  May 26, 2021
• Transat secures $700M deal with feds, intends to issue customer refunds

  The deal with Ottawa is through the Large Employer Emergency Financing Facility.

  Canada

  Apr 29, 2021
• Air Canada, Transat deal up in the air as deadline passes

  The acquisition was set to be completed by Feb. 15, but the deal has not yet received approval from the European Union.

  Canada

  Feb 16, 2021
• Air Transat to pause all routes from Toronto until April 30

  Transat AT says it is suspending all flights from Toronto and some Montreal routes for the remainder of its winter season.

  Canada

  Jan 27, 2021
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• Transat AT board reaffirms support for takeover by Air Canada, clarifies Péladeau bid

  Transat 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 bid

  The agreement is expected to close in late January or early February, with a deadline set for Feb. 15.

  Economy

  Oct 13, 2020