Transat AT Inc T.TRZ

Alternate Symbol(s): TRZBF

Industrials Airlines

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

Transat AT Inc

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Post by BeachHouse1Dayon Aug 11, 2019 11:52pm

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Post# 30016806

And we haven't heard anything yet from Westjet or Onex. 25$?

Could an offer of 1 Billion dollars be in the works from Westjet or Onex?

1 Billion is still under the multiple given to Westjet by Onex.

Transat just under 3B in revenues for 2018 and Westjet around 4.8B.

Did Air Canada feel the pressure and decide to increase from 13$ to 18$ a share to get a done deal before Westjet or Onex make an official offer?

We should know in the next two weeks.

Stay tuned!

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