RE:RE:RE:Summary and Q1 expectationsIt's very hard for me to understand how their load factors can only be up 3.3% year over year, when everything and anything that resembles an airline is flying with full planes around the clock. This is a virtuous time for airlines, with both low fuel costs and high load factors, and it is almost incomprehensible to me that Transat utterly failed to participate in the move up with other airlines.
I think the mistake I made on this stock is that I viewed it as an airline, when in fact it is in the business of selling vacations and owning the entire customer experience for that. Unfortunately, as a "vacation" business Transat is just a work in progress and does not have all of the necessary pieces in place to grow.