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Transat AT makes net profit but loses revenue
Ottawa, Canada - Strong Canadian dollar offset losses for Wilma hurricane
Canadian company Transat AT, owner of Air Transat, announced that its net profit in the quarter ended January 31 is USD 4.3m, a good result if compared with USD 1.6m loss a year earlier. Though "Wilma" hurricane hurt demand to Cancun area, which is among carrier’s destinations, the decrease in interest expense resulting from repayment of debeunters and foreign exchange gain allowed to obtain satisfying r...
AVIONEWS - World Aeronautical Press Agency - 137696
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency