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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 05, 2019 6:07pm
106 Views
Post# 29801127

RE:RE:$AC will win

RE:RE:$AC will win The part that I really like about the Group Mach proposal, is that they have clearly laid out what they intend to do with Transat, and how they intend to make it better. I like their plan, as it will keep the brand alive, and grow it. Transat is Quebec aviation at it's finest!!

And then there is Air Canada....what will they do with Transat? They haven't said a thing, so lets take a guess like other people here have. The name and star on the tail will dissappear. Management will eventually be gone. A Quebec institution will dissappear into the abyss called Air Canada. Jobs will be lost. Remember how many jobs have been lost in YUL as a result of outsourcing by Air Canada? And then there was the Avios carnage Air Canada created, and washed their hands of!!! Anyone who thinks Air Canada has Transat's and Quebec's best interest at heart, will be sadly dissapointed.

If anything, the federal and provincial governments should support Group Mach bid. It will be best for all, including little the consumer, who with Air Canada, would have one choise less when going somewhere. 

I Hope Air Canada does not win...even though I suspect they will.

Cheers and GLTA
Bullboard Posts