Transat AT Inc. posts a Q3 loss of $39.9 million, down from a $57.3 million profit last year as revenue declines.

Transat AT Inc., the parent company of Air Transat, posted a $39.9 million loss in its third quarter, a significant decline from a $57.3 million profit in the same period last year. Revenue fell to $736.2 million from $746.3 million in Q3 2021. CEO Annick Guérard noted that while leisure travel demand remains strong, economic uncertainty is making consumers more price-sensitive.

September 12, 2024
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