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 > The 30 day chart is technically perfect.

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Comment by trader520on Aug 19, 2021 4:49pm

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Post# 33734768

RE:RE:The 30 day chart is technically perfect.

ummmmm....Sky high optimism IMO.
- Florida and Cuba bookings are going to suck (covid and potential revolution)
- They can fly all the A321s they want....it still won't pay the bills for all the parked A330s which some day, are going to be VERY costly to return to the lessor, or fly again.

Next quarter will be a loss....I suspect there wont be a positive quarter till next summer, not with parked A330s to pay for.

And then there are those government loan repayments......grrrrrr.

Not out of the woods by a long shot. If they play their cards right, they should survive. It will take MANY years to repay the government loans....many.

Cheers,

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