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.

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Transat AT Inc

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Comment by trader520on Jun 03, 2020 10:21am

238 Views

Post# 31106140

RE:RE:RE:RE:RE:RE:Marc Garneau approval

Maybe one day the secrets will spill out, when the Quebec Government investigates why Transat went bankrupt!!!!!

Untill then...yes, they need a new CEO, and a new board of directors.

I doubt Groupe Mach will be back with another offer. They are into office buildings etc. They will have too many of their own issues post COVID19 to bother. Maybe Quebeccor will step up to the plate with a few other investors.

I hope Transat gives AC a run for their passengers, and keeps AC prices honest!! Only trouble is, AC knows Transat finances, they have seen the books. They know how much money was spent on pens for the reception going back to day one!!!! That makes it easy for them to perform predatory pricing.

GLTA

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