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Transat A.T. reports $399.8-million Q3 profit, revenue up from a year ago
Transat's third-quarter profit of $399.8 million reflects debt restructuring, a 4.1% revenue increase, and gains from the Elevation Program targeting $100 million adjusted EBITDA by 2026.
Summary by City News
8 Articles
8 Articles
Transat A.T.'s income, the parent company of Air Transat, increased by 4.1% from year to year in the third quarter, while an agreement on the restructuring of its debt enabled Transat to generate a profit.
·Montreal, Canada
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Transat A.T. reports $399.8-million Q3 profit, revenue up from a year ago
MONTREAL — Transat A.T. Inc. reported a net income of $399.8 million in its latest quarter compared with a loss of $39.9 million in the same quarter last year, as its revenue rose 4.1 per cent.
·Prince George, Canada
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Total News Sources8
Leaning Left3Leaning Right0Center2Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 40%
Factuality
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