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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

Bullboard Posts
Post by SteppinRazoron Apr 07, 2017 2:46am
165 Views
Post# 26089894

Any thoughts?

Any thoughts?

"As announced in December, Transat is still assessing the opportunity of either acquire the entirety of Ocean Hotels, or sell the 35% it currently owns, with a view to reinvest in another hotel project. A decision on this topic will be made in the coming months"

With the Board being voted in almost unanimously, one can only think that there is clearly a singular outcome in the works which is basically approved by the Institutionals. 

The recent SP is classic of a low which is going to be seen as a missed opportunity, akin to poison pill pricing.

 
Bullboard Posts
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