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Transat A.T. Inc. Faces $12.5M Loss, Pilots Reach Deal

12/19/2025

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Summary

Story summary

Transat A.T. Inc. reported a $12.5 million loss for the quarter ending October 31, down from a $41.2 million profit last year.
The loss equaled 52 cents per diluted share, versus $1.05 per share in the prior year.
Revenue fell to $771.6 million from $788.8 million, though it rose 1.5% when excluding Pratt & Whitney engine compensation.
Transat reached a tentative contract with its pilots, avoiding a potential work stoppage.

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Story summary

Transat A.T. Inc. reported a $12.5 million loss for the quarter ending October 31, down from a $41.2 million profit last year.
The loss equaled 52 cents per diluted share, versus $1.05 per share in the prior year.
Revenue fell to $771.6 million from $788.8 million, though it rose 1.5% when excluding Pratt & Whitney engine compensation.
Transat reached a tentative contract with its pilots, avoiding a potential work stoppage.