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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

Comment by givemeabreak1on Apr 03, 2021 9:20pm
165 Views
Post# 32934527

RE:TRANSAT WILL NEED MORE THAN 1 WHITE KNIGHT

RE:TRANSAT WILL NEED MORE THAN 1 WHITE KNIGHTModulex
I hope you are right as we need them as a functioning airline to give consumers more choice.  That said,  it is only 3 million dollars ie his 300k shares as opposed to risk of puting together another 500 million....  The 3 million is simply a tax write of for him!  That said, he did say he will proceed with his offer.  That remains to be seen.  As I said thier cash pile is dwindling and their costs to get up to speed going higher and how much passengers return another question mark!  
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