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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

Post by electriquemanon May 08, 2021 10:56pm
293 Views
Post# 33161145

trips will resume

trips will resume
Air Canada announces that travel to the US has resumed rapidly in the states where there was deconfinement. So, I expect the same good news for Air Transat.
 
See the link below:
https://www.newswire.ca/fr/news-releases/air-canada-annonce-ses-resultats-pour-le-premier-trimestre-de-2021-821260642.html#:~:text=Nous%20avons%20constat%C3%A9%20ailleurs%2C%20en,Rousseau.

especially this part:

« Grce, entre autres,  ces mesures, Air Canada est bien place pour sortir plus forte de la pandmie. Il est maintenant crucial que les gouvernements annoncent et mettent en uvre un plan de rouverture de notre pays, en gardant l'esprit qu'un secteur arien dynamique est vital la reprise conomique au Canada. En remplaant pour commencer les restrictions globales par des programmes de dpistage fonds sur une approche scientifique ainsi que des mesures de mise en quarantaine restreintes au besoin, le Canada peut procder sa rouverture et allger les restrictions de dplacements en toute scurit mesure que se poursuivent les campagnes de vaccination. Nous avons constat ailleurs, en particulier aux tats-Unis, que les voyages reprennent rapidement lorsque la pandmie s'estompe et que les restrictions sont leves, et nous nous attendons ce que ce phnomne puisse se reproduire au Canada », a conclu M. Rousseau.

 
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