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Bullboard - Stock Discussion Forum 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... see more

TSX:TRZ - Post Discussion

Transat AT Inc > Lack of decision making and Govt support
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Post by williammstanley on Jan 21, 2021 12:52pm

Lack of decision making and Govt support

In classic form, the  disgraceful part is the lack of clear support by the Liberal Govt....this after over 18 mths. Support the Canadian Airline industry ...too bad for the EU. The entire global Airline sector is in crisis, so SUPPORT CANADA for Gods sake....It's as bad as wiping out the Oil Sector..
Mining sector next....look out below.

Without an approved takeover by AC, won't TRZ face real risks of Chapter 11 , with that in turn
making AC more powerful and able to control pricing without competition....So either way, AC will be able to dictate pricing.
Comment by Curious777 on Jan 21, 2021 7:44pm
I totally agree with your post. it is an interesting politico-economical laboratory... To me, the only way out of this appears to be an approbation by the EU commission, perhaps with some restriction/limitations. Can't wait to see the turnout.