Articles tagged “air transat”

Airlines

Owner of Canada's Air Transat On Track for a Return to Profitability

After failing to merge with Air Canada, and after suffering severe losses during the Covid crisis, the tour operator Transat is on track to be profitable this year. Demand is strong, tour package prices and airfares are high, fuel costs are momentarily subdued, and a newly-arriving Airbus narrowbodies are opening market opportunities. The company expects a strong spring and summer.