Q2 2026 Transat AT Inc Earnings Call Transcript

Jun 11, 2026 / 02:00 PM GMT

Release Date Price: C$2.41 (+0.42%)

Transcript

Key Points

Positve

Transat AT Inc (TRZBF) experienced a 3.9% increase in traffic, reflecting strong demand.
The company has secured fuel supply for its full summer program, ensuring operations run as planned.
New routes and year-round services have been introduced, including a nonstop service between Montreal and Istanbul.
Transat AT Inc (TRZBF) has a net cash and cash equivalent position of $70 million, up from $12 million three months ago.
The company is on track to launch a new loyalty program by the end of 2026, in partnership with Desjardins and Visa.

Negative

The company faced a $70 million increase in fuel costs due to the closure of the Strait of Hormuz.
Suspension of flights to Cuba resulted in a revenue shortfall of $81 million.
Five aircraft were grounded due to GTF engine issues, causing operational inefficiencies.
Adjusted EBITDA was negative $21 million compared to positive $98 million last year.
The company experienced a net loss of $79 million in Q2 2026 compared to a net loss of $23 million in the same period last year.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TRZ.TO - Transat AT Inc
Q2 2026 Transat AT Inc Earnings Call
Jun 11, 2026 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Bonjour, madames and messieurs. Bien nue le Coffehaus Transat. Good morning, ladies and gentlemen. Welcome to the Transat conference call. Please note that this conference call is being recorded. I would now like to turn the meeting over to Andreanne Gagne, Senior Director, Communications, Public Affairs, and Corporate Responsibility. Please go ahead, Ms. Gagne.

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Unidentified_2 [2]
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Hello, everyone, and thank you for joining us for our second quarter earnings call ended April 31st, 2026.

Annie Guerard, President and CEO, and Jean-Franco Prinault, Chief

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