The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Jun 11, 2026
· 5 min read
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Transat reports $79-million loss as fuel prices, Cuba flight suspension hit earnings
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Article Excerpt
Transat plans to make use of Ottawa’s emergency loan fund after reporting $79-million loss
ERIC ATKINS
TRANSPORTATION REPORTER
PUBLISHED JUNE 11, 2026
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Transat AT Inc. TRZ-T says it will seek federal government aid after soaring fuel costs helped send the airline operator to a $79-million loss in the second quarter.
Montreal-based Transat, which flies as Air Transat, said on Thursday its quarterly loss deepened from the year-ago period, when it lost $23-mil…
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