Transat AT Inc T.TRZ

Alternate Symbol(s): TRZBF

Industrials Airlines

Transat A.T. Inc. is a Canada-based integrated international tourism company specializing in holiday travel. The Company offers vacation packages, hotel stays and air travel under the Transat and Air Transat brands to some 60 destinations in more than 25 countries in the Americas and Europe. The Company's core business consists of a Canadian leisure airline, offering international and Canadian destinations, and is vertically integrated with its other services of holiday packages, distribution through a dynamic travel agency network and value-added services at travel destinations. It flies to international destinations in the Americas and Europe, and offers domestic and connecting flights within Canada, and carries some 5 million passengers every year. Its destination service offers a range of products for customers for outgoing tour operators, such as hospitality and representation, passenger transfers, excursions, tours, sports and other activities, and specialty services.

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Transat AT Inc

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Post by lb1temporaryon May 25, 2020 11:05am

295 Views

Post# 31068709

EU did the job

Regulators Responses were sceduled for may 6 for canada and may 26 for EU.

The silence after may 6 may indicate an approbation by Canadian autorities and a waiting agreement between the airlines for the EU decision.

The least impacted but also the least concerned by the survival of the two airlines did the job; a strict scrutiny by autorities.

''the companies had declined to offer concessions to address its concerns'' From Reuters news.

The actual deal was in jeopardy, but it's now dead.

Then transat SP stands near 7$, not so bad.

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