Transat A.T., the parent company of Air Transat, is reporting substantially better numbers in its fourth quarter fiscal statement. The company today reported an operating loss of $118.3 for its fiscal fourth quarter, which ended Oct. 31, 2021. That loss is down substantially from last year’s figure of $239.3 million. Fourth quarter Transat revenue was reported at $62.8 million, up 120.9% from the $28.4 million in revenue for the fourth quarter of last year. For the fiscal year, however, Transat A.T. reported revenues of $124.8 million, down 90.4% or $1.2 billion from the previous fiscal year mark. “Since we resumed operations Read more
Transat
A new travel voucher policy from Transat, a big boost for Indigenous tourism in Canada, a new rule requiring masks at Marriott Hotels around the world, COVID-19 trouble for Canadian travel and a posh new Kimpton hotel in Key West. My Future of Travel blog for July 22. Transat Alters Travel Voucher/Travel Credit Policy To offer greater flexibility to customers whose bookings have been cancelled due to COVID-19 or who cancelled their trips as part of Transat’s flexibility policy, Transat is relaxing the terms around the use of the future travel credits issued as a result. Those future travel credits Read more
Several major destinations will fling open their doors for international visitors next week, including the Bahamas, Cuba and Bermuda. I also have news on Canada Day sales from WestJet and Air Canada, plus a new requirement for guests to wear masks in public at MGM Resorts in the U.S. There’s also a new set of great trips in Canada offered by Transat and Fresh Tracks Canada, and a note on further suspensions of tours by G Adventures. My Future of Travel blog for June 26, 2020 A Big Week For Re-Openings The U.S. is a mess right now, and most Read more
Today’s Future of Travel blog looks at everything from the impact of cancelled cruises to a series of new suspensions by cruise companies and airlines. It seems things are getting better, but it’s going to be a while until we travel in any significant manner. Cruise Cancellations Hit Canada Holland America on Wednesday announced it has cancelled all its cruises for Canada/New England, Europe and Alaska for this year because of the COVID-19 crisis. It’s a blow for consumers who had plans to travel, of course. But there’s also a huge impact on the destinations. Cities and countries around the Read more
A new study by reputable pollsters Angus Reid is giving Air Canada officials something to think about. It also suggests Canadians are none too happy with airlines in general. An Angus Reid report I spotted today found that 50% of Canadians rate Montreal-based Air Canada as “good” or “excellent,” while 17% gave our biggest airline a rating of “poor” or “terrible.” Things were considerably brighter for Calgary-based WestJet. Angus Reid said its study found that 77% of Canadians rate WestJet either good or excellent, while a measly 4% gave them a poor or terrible rating. That’s a pretty big difference, Read more
