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Transat AT Inc T.TRZ

Alternate Symbol(s):  TRZBF

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.


TSX:TRZ - Post by User

Post by insidersnoop1on Sep 24, 2020 4:30pm
189 Views
Post# 31613178

" Help is on the way "

" Help is on the way "

11:26 AM EDT, 09/24/2020 (MT Newswires) -- Canada's flight industry is taking some heart in signals from the throne speech that federal financial help is on the way but wants to see quick, clear action to support the sector, which has been devastated by the COVID-19 pandemic, The Canadian Press is reporting Thursday..

It noted the government's speech from the throne Wednesday pledged "further support for industries that have been the hardest hit, including travel and tourism."

The National Airlines Council of Canada says Prime Minister Justin Trudeau's government needs to "immediately come forward with a...concrete plan" to help the travel sector recover.

The council, which represents the largest Canadian carriers like Air Canada and WestJet Airlines Ltd., says passenger numbers are down 94% from 2019 amid ongoing travel restrictions.

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