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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
Post by BeachHouse1Dayon Jun 04, 2019 11:48am
85 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