Air Transat’s parent reports adjusted 3Q net income of C$26.7 million

Air Transat‘s (Montreal) (website) parent, Transat A.T., Inc. issued this quarterly financial statement for the fiscal third quarter (all amounts in Canadian dollars):

Transat A.T. Inc., one of the largest integrated tourism companies in the world and Canada’s holiday travel leader, posted revenues of $941.7 million for the quarter ended July 31, 2014, compared with $927.0 million in 2013, an increase of $14.7 million, or 1.6%. The Corporation recorded adjusted operating income of $46.8 million, compared with $54.4 million in 2013, and net income of $25.8 million ($0.66 per share on a diluted basis), compared with $41.1 million ($1.07 per share on a diluted basis) in 2013. Before non-operating items, Transat reported adjusted net income of $26.7 million in 2014 ($0.69 per share on a diluted basis), compared with $30.8 million ($0.80 per share on a diluted basis) in 2013.

Read the full report: CLICK HERE

Copyright Photo: TMK Photography/AirlinersGallery.com. Air Transat’s Boeing 737-8Q8 C-GTQB (msn 30696) in the Split Scimitar Wingslets is resting between flights at Toronto (Pearson).

 

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