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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 insidersnoop1on Sep 26, 2020 6:29pm
353 Views
Post# 31625840

Strange coincidence.............

Strange coincidence.............QUOTE :
"In June 2020, Air Canada concluded an underwritten marketed public offering of 35,420,000 Class A Variable Voting Shares and/or Class B Voting Shares of the Company at a price to the public of $16.25 per share, for aggregate proceeds of $575.6 million, "

(Reuters) - Air Canada’s C$720 million ($517 million) purchase of tour operator Transat AT is fuelling jitters among some investors who would like to see the deal renegotiated with the aviation industry in turmoil due to COVID-19, two sources familiar with the matter told Reuters.
Bullboard Posts