Economic news: Sept 9
Transat A.T. Inc. reported a third-quarter loss that was smaller than a year ago as it said it is on track for a winter travel season that promises to match pre-pandemic levels. Transat chief executive Annick Guerard said the pace of sales is currently very comparable to 2019. The comment came as the travel company reported a net loss attributable to shareholders of $106.5-million or $2.82 per diluted share for the quarter ended July 31. The result compared with a loss of $138.1-million or $3.66 per diluted share in the same period a year earlier.
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