00:33:51 EDT Wed 02 Jul 2025
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Transat AT Inc
Symbol TRZ
Shares Issued 39,660,073
Close 2025-03-28 C$ 1.45
Market Cap C$ 57,507,106
Recent Sedar Documents

Post says Air Canada, WestJet cut back on U.S. flights

2025-03-31 08:25 ET - In the News

See In the News (C-AC) Air Canada

The Financial Post reports in its Saturday edition that passenger bookings on flight routes between Canada and the United States will collapse by more than 70 per cent in every month through to the end of September, 2025, according to new forward-looking flight data released by OAG Aviation Worldwide. The Post's Denise Paglinawan writes that a report by OAG said data for the upcoming season show a "striking decline" in total bookings compared with the same point last year. For example, by March, 2024, there were 1,218,570 flights booked for April, while for April, 2025, only 295,982 bookings have been recorded this month, a 75.7-per-cent decline. "This sharp drop suggests that travellers are holding off on making reservations, likely due to ongoing uncertainty surrounding the broader trade dispute," OAG said. This adds to what had already become a softening market in the airline industry. Customers still planning to travel may find some airlines offering particularly cheap fares over the next few months to stimulate demand. Air Canada started cutting capacity to leisure destinations, including Florida, Las Vegas and Arizona, at the beginning of March. WestJet, too, has reported a shift in travel-booking behaviour.

© 2025 Canjex Publishing Ltd. All rights reserved.