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Transat AT Inc T.TRZ

Alternate Symbol(s):  TRZBF

Transat A.T. Inc. is a Canada-based provider of leisure travel particularly as an airline under the Air Transat brand. 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 travel agency network and value-added services at travel destinations. The Company, through its business units, is focused on four business segments: air transportation, outgoing tour operators, destination services and retail distribution. It flies to international destinations in the Americas and Europe, and offers domestic and connecting flights within Canada. Its destination services offer a range of products for customers of outgoing tour operators: hospitality and representation, excursions, tours, sports and other activities, specialty services and others. Its retail distribution consists of providing advice to travelers and selling consumer products.


TSX:TRZ - Post by User

Bullboard Posts
Comment by trader520on Jun 03, 2019 12:09pm
56 Views
Post# 29794183

RE:42% Disaprove., Undecided

RE:42% Disaprove., Undecided
My gut instinct tells me that Air Canada WILL get Transat....they cannot afford to pass it up, and leave it to ONEX, who is very likely willing to pay more. Enough analysts and major shareholders have stated that 13/share is not a good value for Transat. I believe Air Canada will within the 30 days come back with an offer of 14.50 per share. Just my opinion. They will restate the "keep it in Quebec" and the "no jobs will be lost" cards......and in two or three years when everyone has forgotten, they will start eliminating the Transat brand. The writing is on the wall. Why did they just role out new interiors and service for Rouge a week ago???? Transat will disappear, jobs will be lost. Just not right away. Anyone who wishes to know how jobs will be lost, I will happily spell it out. Cheers and GLTA
Bullboard Posts