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TRANSAT AT Inc

TRZ.TO

Latest Trade

6.07CAD

Change

0.17(+2.88%)

Volume

264,967

Today's Range

5.87

 - 

6.10

52 Week Range

3.56

 - 

16.35

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
5.90
Open
5.91
Volume
264,967
3M AVG Volume
5.98
Today's High
6.10
Today's Low
5.87
52 Week High
16.35
52 Week Low
3.56
Shares Out (MIL)
37.75
Market Cap (MIL)
222.71
Forward P/E
-0.77
Dividend (Yield %)
--

Next Event

Transat AT Inc Extraordinary Shareholders Meeting

Latest Developments

More

Air Canada Says Co And Transat A.T. Conclude Amended Transaction For Combination Of Two Companies

Transat AT Says Q3 Revenue Fell 98.6%

Transat Reports Q2 Revenues Of $571.3 Million

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About TRANSAT AT Inc

Transat A.T. Inc. is a Canada-based international tour operator that specializes in holiday travel. The Company's primary business consists of developing and marketing holiday travel services in package and air-only formats. It operates as an outgoing, as well as an incoming tour operator by bundling services purchased in Canada and abroad, and reselling them primarily in Canada, France, the United Kingdom and in over 10 other European countries, directly or through intermediaries. It is also a retail distributor, both online and through travel agencies, some of which it owns. The Company offers destination services to Canada, Mexico, the Dominican Republic and Jamaica. It offers its products in over 20 destination countries and distributes products in over 50 countries.

Industry

Personal Services

Contact Info

300 Leo-Pariseau St

MONTREAL, QC

H2X 4C2

Canada

+1.514.9871660

https://www.transat.com/

Executive Leadership

Jean-Marc Eustache

Non-Independent Chairman of the Board, President, Chief Executive Officer

Denis Petrin

Chief Financial Officer, Vice President - Finance and Administration

Joseph E. Adamo

President and General Manager of Transat Distribution Canada Inc.

Jean-Francois Lemay

President and General Manager of Air Transat A.T. Inc.

Jordi Sole

President - Hotel Division

Key Stats

3.00 mean rating - 2 analysts
Sell
Hold
Buy
Revenue (MM, CAD)

2017

3.0K

2018

3.0K

2019

2.9K

2020(E)

1.4K
EPS (CAD)

2017

0.790

2018

-0.650

2019

-0.250

2020(E)

-7.582
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.11
Price To Book (MRQ)
0.72
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
309.06
LT Debt To Equity (MRQ)
253.44
Return on Investment (TTM)
-24.43
Return on Equity (TTM)
-11.76

Latest News

Latest News

Air Canada seeks to address EU concerns on Transat purchase

Air Canada has offered concessions related to its proposed acquisition of Canadian tour operator Transat to address EU antitrust concerns, a European Commission filing showed on Thursday.

Top shareholder in Air Canada, Transat calls revised buyout offer 'reasonable'

The biggest shareholder in Air Canada <AC.TO> and Transat A.T. Inc <TRZ.TO> said on Tuesday that AC's revised offer for the Canadian tour operator was "a very reasonable one," given the turmoil in the aviation industry.

Transat shares climb nearly 30% on Air Canada's revised buyout deal

Shares in Canadian tour operator Transat A.T. Inc jumped as much as 30% on Tuesday after Air Canada's revised offer raised optimism the deal once shaken by the COVID-19 pandemic could be completed.

Air Canada slashes Transat buyout price by nearly 75% as COVID-19 hits traffic

Air Canada <AC.TO> has slashed its price to buy Canadian tour operator Transat A.T. Inc <TRZ.TO>, with the deal now worth about C$188.7 million ($143.86 million), down from C$720 million, as COVID-19 weighs on travel demand, the companies said in a statement on Saturday.

Air Canada lowers Transat buyout price to reflect COVID-19 hit

Air Canada has lowered its price to buy Canadian tour operator Transat A.T. Inc with the deal now worth about C$188.7 million ($143.86 million), down from $720 million previously, reflecting the post-COVID-19 reduction in airline values, the companies said in a statement...

Canada's Transat resumes commercial flights after four months of shutdown

Transat AT said on Thursday its commercial flights took to the air after being grounded for four months due to the COVID-19 pandemic.

EU regulators halt Air Canada, Transat anti-trust probe, await data

EU antitrust regulators have suspended their investigation into Air Canada's <AC.TO> bid for Canadian tour operator and carrier Transat AT Inc <TRZ.TO> while waiting for the companies to provide data sought by the enforcers.

Canadian tour operator Transat to resume some flights to Europe, United States

Canadian tour operator Transat AT Inc said on Thursday it would resume some flights to Europe and the United States, as well as domestic flights across major Canadian cities from July 23.

Air Canada, Transat deal faces intense EU antitrust scrutiny

Air Canada's <AC.TO> bid for Canadian tour operator Transat AT Inc <TRZ.TO> may result in higher prices and less choice for flights between Europe and Canada, EU antitrust regulators said on Monday as they opened a full-scale investigation into the deal.

EU antitrust regulators to investigate Air Canada, Transat deal

EU antitrust regulators opened on Monday a full-scale investigation into Air Canada's bid for Canadian tour operator Transat AT Inc, saying that the deal may reduce competition on flights between Europe and Canada.

Exclusive: Air Canada's Transat buyout fuels investor coronavirus jitters - sources

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.

EXCLUSIVE-Air Canada's Transat buyout fuels investor coronavirus jitters -sources

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.

BRIEF-Competition Bureau Issues Report Outlining Competition Concerns With Air Canada-Transat Deal

* COMPETITION BUREAU ISSUES REPORT OUTLINING COMPETITION CONCERNS WITH AIR CANADA'S PROPOSED ACQUISITION OF TRANSAT

Air Canada-Transat deal to likely reduce competition: Canadian agency

Air Canada's <AC.TO> proposed C$720 million acquisition of tour operator Transat A.T. Inc <TRZ.TO> will result in a substantial lessening or prevention of competition, the Canadian Competition Bureau said on Friday.

REFILE-Canadian agency says Air Canada-Transat deal likely to reduce competition

The Canadian Competition Bureau said on Friday that the proposed sale of tour operator Transat A.T. Inc to Air Canada would likely result in a substantial lessening or prevention of competition in the sale of air travel or vacation packages to Canadians.

BRIEF-Transat Announces A Gradual Suspension Of Its Flights

* TRANSAT AT - ANNOUNCES TODAY GRADUAL SUSPENSION OF AIR TRANSAT FLIGHTS UNTIL APRIL 30

BRIEF-Transat A.T. Inc Posts Q1 Loss Per Share Of $0.90

* TRANSAT AT INC - TO DATE, IN TRANSATLANTIC MARKET, CORP'S MAIN MARKET DURING SUMMER, TRANSAT'S CAPACITY IS UP 3% COMPARED WITH 2019

Transat sees lower demand on U.K.-Canada flights because of Brexit: COO

Transat AT has seen lower demand on its Air Transat flights out of the United Kingdom to Canada because of uncertainty over Brexit, but the Canadian market has been compensating for the fewer passengers, the company's chief operating officer said on Thursday.

Transat receives final court approval for Air Canada deal

Canadian tour operator Transat A.T. Inc <TRZ.TO> said on Thursday that the Superior Court of Quebec had approved its sale to Air Canada <AC.TO> in a C$720 million ($542.37 million) deal.

Air Canada's planned Transat acquisition requires additional scrutiny: minister

Air Canada's planned acquisition of Transat AT raises issues of public interest and will require additional scrutiny, including the impact on airline competition, before it can be approved, Canada's transport minister said on Monday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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