TRZ.TO - Transat A.T. Inc.

Toronto - Toronto Delayed Price. Currency in CAD
5.05
-0.27 (-5.08%)
As of 12:37PM EDT. Market open.
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Previous Close5.32
Open5.30
Bid5.04 x 0
Ask5.05 x 0
Day's Range5.01 - 5.30
52 Week Range4.68 - 17.00
Volume139,761
Avg. Volume207,557
Market Cap190.623M
Beta (5Y Monthly)1.36
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateDec. 29, 2008
1y Target EstN/A
  • The Canadian Press

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,629.19, up 33.69 points.)The Toronto-Dominion Bank (TSX:TD). Financials. Up eight cents, or 0.13 per cent, to $60.30 on 21.8 million shares.StageZero Life Sciences Ltd. (TSX:SZLS). Health care. Up half a cent, or 9.09 per cent, to six cents on 9 million shares.St. Augustine Gold and Copper (TSX:SAU). Materials. Down 5.5 cents, or 39.29 per cent, to 8.5 cents on 8.3 million shares.Kinross Gold Corp. (TSX:K). Materials. Up 15 cents, or 1.48 per cent, to $10.26 on 6.1 million shares.B2Gold Corp. (TSX:BTO). Materials. Up 19 cents, or 2.4 per cent, to $8.12 on 5.7 million shares.The Bank of Nova Scotia. (TSX:BNS). Financials. Down 22 cents, or 0.4 per cent, to $54.73 on 5.3 million shares.Companies in the news:Transat AT (TSX:TRZ). Down five cents to $5.51. Air Transat is looking to reduce greenhouse gas emissions from its airplanes by using jet fuel made from kerosene in a process that captures carbon dioxide produced by large industrial emitters. The Montreal-based airline has signed an agreement with SAF+ Consortium, which is finalizing the fabrication of a pilot plant in Montreal to make the kerosene. The kerosene is then converted to synthetic jet fuel which is estimated to have an 80 per cent lower carbon footprint than conventional jet fuel. Air Transat says it will buy a significant portion of the future sustainable aviation fuel (SAF) production. SAF + Consortium chief technical officer, Alexandru Iordan, says demand for sustainable aviation fuel will almost double annually for the next 30 years.DavidsTea — DavidsTea is seeking court protection from creditors so it can continue operating while it restructures and plans to close a significant number of its stores. The Montreal-based company said Wednesday it will seek an order in Quebec Superior Court to allow it to restructure under the Companies' Creditors Arrangement Act. It also plans to seek similar orders for its U.S. subsidiary under Chapter 15 of the U.S. Bankruptcy Code. The company said during the restructuring process it plans to continue operating online through davidstea.com and its wholesale distribution channel, which supplies grocery stores and pharmacies. The chain's stores have been shut since March 17 due to the COVID-19 pandemic. It had warned in mid-June that it hadn't paid rent on any of its stores for April, May and June and that it may seek a formal restructuring.This report by The Canadian Press was first published July 8, 2020.The Canadian Press

  • Air Transat signs deal to use jet fuel made from captured carbon dioxide
    The Canadian Press

    Air Transat signs deal to use jet fuel made from captured carbon dioxide

    MONTREAL — Air Transat is looking to reduce greenhouse gas emissions from its airplanes by using jet fuel made from kerosene in a process that captures carbon dioxide produced by large industrial emitters.The Montreal-based airline has signed an agreement with SAF+ Consortium, which is finalizing the fabrication of a pilot plant in Montreal to make the kerosene.The kerosene is then converted to synthetic jet fuel which is estimated to have an 80 per cent lower carbon footprint than conventional jet fuel.Air Transat says it will buy a significant portion of the future sustainable aviation fuel (SAF) production.Airline president Jean-Francois Lemay says the airline is committed to offering passengers a low carbon footprint travelling experience while achieving its environmental obligations.SAF + Consortium chief technical officer, Alexandru Iordan, says demand for sustainable aviation fuel will almost double annually for the next 30 years."So, solutions such as the production of SAF in Montreal will put Quebec-Canada on the map while providing great jobs for the future," said Iordan.This report by The Canadian Press was first published July 8, 2020.Companies in this story: (TSX:TRZ)The Canadian Press

  • Is the Air Canada Acquisition Delay a Sign of Denial?
    The Motley Fool

    Is the Air Canada Acquisition Delay a Sign of Denial?

    Entering into 2020, Air Canada (TSX:AC) planned to grow its international services with the acquisition of Transat AT (TSX:TRZ). But the COVID-19 pandemic has put its plans on a back burner.The post Is the Air Canada Acquisition Delay a Sign of Denial? appeared first on The Motley Fool Canada.

  • Thomson Reuters StreetEvents

    Edited Transcript of TRZ.TO earnings conference call or presentation 11-Jun-20 2:00pm GMT

    Q2 2020 Transat AT Inc Earnings Call

  • Transat to relaunch flights on July 23 provided travel restrictions ease
    Yahoo Finance Canada

    Transat to relaunch flights on July 23 provided travel restrictions ease

    Transat will resume some flights starting on July 23, operating 28 routes to Europe, the United States, the Caribbean and within Canada, as the company gradually relaunches operations.

  • How Air Canada’s (TSX:AC) Transat Deal Is Placed Amid the Crisis
    The Motley Fool

    How Air Canada’s (TSX:AC) Transat Deal Is Placed Amid the Crisis

    The Air Canada (TSX:AC)-Transat AT (TSX:TRZ) deal looks highly uncertain in the current scenario. Who will benefit if the deal is cancelled?The post How Air Canada's (TSX:AC) Transat Deal Is Placed Amid the Crisis appeared first on The Motley Fool Canada.

  • Baystreet

    Stocks in play: Transat A.T. Inc.

    Announced the resumption of its flights and tour operator activities as of July 23. It will offer a ...

  • CRA Tax Deductions: 2 Crafty Ways to Reduce Your 2020 Tax Bill
    The Motley Fool

    CRA Tax Deductions: 2 Crafty Ways to Reduce Your 2020 Tax Bill

    Know the deductions and tax credits available to lighten your financial burden in 2020. Saving on taxes is crucial now that unemployment in Canada is rising. The Transat stock is struggling as the company implements cost-saving measures, including layoffs.The post CRA Tax Deductions: 2 Crafty Ways to Reduce Your 2020 Tax Bill appeared first on The Motley Fool Canada.

  • Transat to rehire 4,000 employees with federal subsidy as planes remain parked
    The Canadian Press

    Transat to rehire 4,000 employees with federal subsidy as planes remain parked

    MONTREAL — Transat A.T. Inc. plans to use the federal emergency wage subsidy to rehire 4,000 employees it had temporarily laid off after halting all flights due to the COVID-19 pandemic.Transat says the employees, 1,900 of whom are flight attendants, will not be required to work as part of their recall.The returning staff will receive 75 per cent of their baseline pay up to a maximum of $847 per week, as defined in federal legislation passed last week."Temporarily laying off a large majority of our employees was a necessary but heartbreaking decision," Transat CEO Jean-Marc Eustache said in a statement.Eustache added that he hopes the announcement will provide some comfort for staff, 80 per cent of whom had been laid off.On March 23, Transat announced it would lay off 3,600 workers as it suspended its entire Air Transat flight schedule, a move followed by 400 other furloughs.Since then the airline business has gone into a further tailspin as closed borders and travel controls cratered demand.The International Air Transport Association predicts revenues will fall by US$314 billion this year, or 55 per cent from 2019.This story by The Canadian Press was first published April 17, 2020.Companies in this story: (TSX:TRZ)The Canadian Press

  • CRA Emergency Measures: $55 Billion in Tax Deferrals Earmarked
    The Motley Fool

    CRA Emergency Measures: $55 Billion in Tax Deferrals Earmarked

    The CRA is busy as a bee these days helping taxpayers with tax breaks and wage subsidies. The wave of temporary layoffs is also starting in the tourism and travel industry where the Transat stock belongs. The company is among the hardest hit by the outbreak.The post CRA Emergency Measures: $55 Billion in Tax Deferrals Earmarked appeared first on The Motley Fool Canada.

  • Refunds for cancelled flights an 'unbearable task', says IATA
    Yahoo Finance Canada

    Refunds for cancelled flights an 'unbearable task', says IATA

    Refunding passengers for cancelled flights in the wake of COVID-19 would be an “unbearable task” for cash-strapped airlines as many opt to offer vouchers instead.

  • Thomson Reuters StreetEvents

    Edited Transcript of TRZ.TO earnings conference call or presentation 12-Mar-20 6:30pm GMT

    Q1 2020 Transat AT Inc Earnings Call

  • Airlines will fail in weeks if governments do not intervene, IATA warns
    Yahoo Finance Canada

    Airlines will fail in weeks if governments do not intervene, IATA warns

    Airlines around the world may collapse and fail if governments do not intervene soon, an industry group is warning.

  • Air Transat, Porter cancel flights as airline stocks get pummelled
    Yahoo Finance Canada

    Air Transat, Porter cancel flights as airline stocks get pummelled

    Canadian airlines continued to suspend service on Wednesday, with Transat and Porter both announcing wide-sweeping cancellations, as Canada and the United States close their shared border to non-essential travel.

  • Transport Canada to limit international arrivals to specific airports
    Yahoo Finance Canada

    Transport Canada to limit international arrivals to specific airports

    Transport Canada is banning cruise ships and restricting the number of airports that will allow overseas international arrivals in response to the coronavirus pandemic.

  • ‘If we have to lay off people... we will do it:’ Transat CEO
    Yahoo Finance Canada

    ‘If we have to lay off people... we will do it:’ Transat CEO

    Transat's bookings have fallen around 50 per cent in recent days as passengers stay home due to the coronavirus.

  • Coronavirus concerns prompt WestJet to cut capacity, freeze hiring
    Yahoo Finance Canada

    Coronavirus concerns prompt WestJet to cut capacity, freeze hiring

    Canadian airlines are changing cancellation policies, cutting capacity and preparing for deeper impacts as travellers opt to stay home amid the coronavirus pandemic.

  • Thomson Reuters StreetEvents

    Edited Transcript of TRZ.TO earnings conference call or presentation 12-Dec-19 3:00pm GMT

    Q4 2019 Transat AT Inc Earnings Call

  • Takeover 101: What’s Going on With Air Transat (TSX:TRZ)?
    The Motley Fool

    Takeover 101: What’s Going on With Air Transat (TSX:TRZ)?

    Are shareholders of Air Transat getting a good deal from Air Canada? Should it be added to your TFSA or RRSP?

  • Build a $1,000,000 RRSP Starting in Your 40s
    The Motley Fool

    Build a $1,000,000 RRSP Starting in Your 40s

    Building a million dollar RRSP might be difficult, but it’s not impossible even if you start at 40. Play it smart and invest in stocks like Air Canada (TSX:AC).

  • Why Air Canada (TSX:AC) Stock Remained Flat in August
    The Motley Fool

    Why Air Canada (TSX:AC) Stock Remained Flat in August

    Air Canada (TSX:AC)(TSX:AC.B) stock has soared this year, returning 73%. But the stock stalled in August. What happened?

  • Thomson Reuters StreetEvents

    Edited Transcript of TRZ.TO earnings conference call or presentation 12-Sep-19 2:00pm GMT

    Q3 2019 Transat AT Inc Earnings Call

  • 2 Canadian Growth Stocks to Buy in September
    The Motley Fool

    2 Canadian Growth Stocks to Buy in September

    Air Canada (TSX:AC)(TSX:AC.B) is one of the two stocks which growth-hungry investors should consider to buy in September.

  • Why Air Canada’s (TSX:AC) Acquisition of Transat (TSX:TRZ) Could Fall Through
    The Motley Fool

    Why Air Canada’s (TSX:AC) Acquisition of Transat (TSX:TRZ) Could Fall Through

    Air Canada (TSX:AC)(TSX:AC.B) will become an even bigger player in the industry if its deal to acquire Transat AT Inc. (TSX:TRZ) is approved, and that could have a significant impact on competition.

  • Air Canada's Transat takeover 'raises public interest issues,' says transport minister
    Yahoo Finance Canada

    Air Canada's Transat takeover 'raises public interest issues,' says transport minister

    Air Canada’s (AC) proposed takeover of Transat A.T. Inc. (TRZ.TO) raises issues issues related to public interest and requires additional time to conduct a thorough analysis, says Canada’s Transport Minister.