Transat lost money in the second quarter, but revenues climbed sharply as travel rebounded around the world. Transat A.T. inc., the parent company for Air Transat, today reported an adjusted second quarter loss of $51 million. But it said revenues were up $358 million, and that it’s bullish about the rest of the year. “When the effect of Omicron subsided at the end of February, operations and sales rebounded strongly, allowing us to end the quarter on a very encouraging note and generate revenues of $358 million for the period. We foresee a strong recovery and will continue to implement Read more
Transat
The Omicron variant delayed a potentially solid first quarter recovery for Air Transat, and the airline says it’s discussing an additional aid package with the Justin Trudeau government in Ottawa. Transat A.T. Inc. today announced revenues of $202.4 million but an operating loss of $73. 8 million for the quarter ended January 31, 2022. “While we were in the midst of a strong recovery, with November and December results matching our targets, the emergence of the Omicron variant brought our sales to a temporary halt between mid-December and early February,” said Annick Guérard, President and Chief Executive Officer of Transat. Read more
Air Transat workers are calling for the Justin Trudeau government to ease travel restrictions. “The airline sector is without a doubt one of the most restricted by federal public health regulations. Our members and passengers must be vaccinated, PCR tests are required before boarding a flight and a test is required upon arrival in Canada,” said Dominic Levasseur, president of the Air Transat Flight Attendant Union. “These measures are extremely costly for travellers as well as for the government. If these measures are not eased out soon, hundreds of jobs are at risk in Montreal, Toronto and Vancouver. The government’s Read more
The Omicron variant is wreaking havoc with Canadian airlines. A day after Air Canada Vacations said it was trimming flights and packages to a dozen or so sun destinations, Transat A.T. said it’s slashing its winter routes by 30%, and Porter Airlines said they’ll likely have to make cuts of their own. A Canadian Press story on the Global News site today said Transat blamed “the ongoing impact of the Omicron variant and the federal government’s Dec. 15 recommendation against non-essential travel abroad have triggered a wave of trip cancellations.” The cuts are due to stay in place until February Read more
The video of travellers partying like its 1999 on a Sunwing flight to Mexico has gone viral, and the Prime Minister of Canada is not amused. The party folks likely aren’t very happy, either, as it appears they’re having trouble getting home. Video footage of a flight from Montreal to Mexico on Dec. 30 started making the rounds a day or so ago. The footage shows passengers dancing in the aisles without masks. Some appear to be vaping, and one passenger seems to have a bottle of Grey Goose vodka. Canadian Prime Minister Justin Trudeau strongly condemned the passengers today Read more
