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Transat closes out 2025 with a full-year profit, aims to boost flight volumes
- On Dec. 18, 2025, Montreal-based Transat A.T. Inc. reported a loss of $12.5 million in its latest quarter, compared with a $41.2 million profit last year.
- Revenue data show Transat A.T. Inc.'s fourth-quarter revenue declined year over year after a prior compensation tied to Pratt & Whitney GTF engine issues, and slower travel ramp-up post-pandemic complicated repayment despite Canadian federal government support.
- On a per-share basis, Transat A.T. Inc. reported a 52-cent loss per diluted share and a 42-cent adjusted loss, missing expectations and causing shares to fall in Toronto trading.
- Last week Transat narrowly avoided a strike by reaching a tentative agreement with its more than 700 pilots, while on Dec. 1 Financiere Outremont Inc. requested an investor meeting and proposed cutting the board to six directors.
- Looking to 2026, Annick Guerard, Transat Chief Executive Officer, said targeted network expansion and fewer grounded aircraft should increase capacity, while reduced total net debt supports recovery plans.
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Critiqued by its second shareholder Pierre Karl Péladeau, who wants to force his arrival at the controls, Transat A.T. has made a first annual profit since 2018 at the end of a turbulent year.
·Montreal, Canada
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The Peterborough Examiner+11 Reposted by 11 other sources
Transat A.T. reports $12.5M Q4 loss compared with $41.2M profit a year ago
MONTREAL - Travel company Transat A.T. Inc. reported a loss of $12.5 million in its latest quarter compared with a profit of $41.2 million in the same quarter last year.
·Peterborough, Canada
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Coverage Details
Total News Sources17
Leaning Left10Leaning Right1Center2Last UpdatedBias Distribution77% Left
Bias Distribution
- 77% of the sources lean Left
77% Left
L 77%
15%
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