Shareholders of Canadian airline and vacation provider Transat AT Inc. rejected Quebec billionaire Pierre Karl Péladeau’s proposal to take partial control of the board.
Shareholders of Canadian airline and vacation provider Transat AT Inc. rejected Quebec billionaire Pierre Karl Péladeau’s proposal to take partial control of the board.
Air Transat planes at Montreal-Pierre Elliott Trudeau International Airport (YUL) in Montreal, Quebec, Canada, on Monday, Dec. 8, 2025. Transat AT Inc. will start canceling flights on Monday and Tuesday after the union representing the airlines 700 pilots issued a three-day strike notice.
Shares of Canadian vacation provider Transat AT Inc. fell after the company missed earnings forecasts, adding pressure on management just as a major shareholder demands changes.
Shares of Canadian vacation provider Transat AT Inc. fell after the company missed earnings forecasts, adding pressure on management just as a major shareholder demands changes.
An Air Transat plane in Montreal. Photographer: Graham Hughes/Bloomberg
Shares of Canadian airline and vacation provider Transat AT Inc. rose more than 18% after Quebec billionaire Pierre Karl Péladeau pressured for partial control of the board, saying the company needs major changes to fix its balance sheet.
Shares of Canadian airline and vacation provider Transat AT Inc. rose more than 18% after Quebec billionaire Pierre Karl Péladeau pressured for partial control of the board, saying the company needs major changes to fix its balance sheet.
Air Transat aircraft sit on the tarmac at Toronto Pearson International Airport (YYZ) in Toronto, Ontario, Canada, on Wednesday, April 8, 2020. The airport is now averaging 200 flights per day, down from 1,200 before the Covid-19 pandemic, CTV News reported.
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