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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 BeachHouse1Dayon Jun 04, 2019 11:48am
81 Views
Post# 29797164

Predictions: AC at 15$ and ONEX with Mach + TM at 16$ to 17$

Predictions: AC at 15$ and ONEX with Mach + TM at 16$ to 17$Group Mach had already indicated in a TV interview that they were more interested in Transat's hotel plan. Transat having clients with their vacation packages. A deal with ONEX, Group Mach Inc. and TM Grupo Inmobiliario would make sense. ONEX owning about 60%. With Westjet and Air Transat being a better competitor against Air Canada. Better chances of being approved by the competition bureau. Mach group and TM Grupo Inmobiliario would each have about 20% with the same conditions as indicated by the Mach group: https://stockhouse.com/news/press-releases/2019/06/04/mach-proposes-privatization-of-transat-at-inc-at-14-cash-per-share The offer would not need funds from the government. Mach and TM continue growing in there businesses and ONEX would be a better competitor to Air Canada.
Bullboard Posts