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 > LETKO BROSSEAU SAYS NO to Peladeau Offer

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Comment by trader520on Apr 07, 2021 7:03pm

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Post# 32954240

RE:LETKO BROSSEAU SAYS NO to Peladeau Offer

Letko says he has the utmost of confidence in Transats management to go alone. Lets see....while other airlines were making money hand over fist, Transat was loosing.....their quarterly statements read like a broken record...."overcapacity, high fuel prices, and poor dollar exchange rate".....others managed to make money. The listed excuses affected everyone equally.

So Transat Management kicks Groupe Mach to the curb (14 is less than 13), now they kick PKP to the curb.....Oh dear.....I wonder who IS an acceptable potential buyer?

CHEERS

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