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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
Bullboard Posts
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(13)
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Comment by FutureWizardon Mar 13, 2020 10:01am
139 Views
Post# 30803555

RE:RE:From AC earnings -

RE:RE:From AC earnings - "The Competition Bureau is expected to release its report on the transaction on March 23. Eustache cautioned analysts that the report would be negative, given the narrow scope of what the bureau evaluates.

“The report will be tough for the transaction because it is about competition. We know it … there is nothing special with that,” he said, adding that transport minister Marc Garneau’s final decision on the deal is the only thing that matters."

https://business.financialpost.com/transportation/airlines/transat-takeover-hits-turbulence-as-stock-sinks-almost-45-below-air-canadas-bid

I wonder how much time it will take for Garneau to take his decision.

Bullboard Posts
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