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Transat AT Inc
Symbol TRZ
Shares Issued 39,874,316
Close 2025-06-03 C$ 1.65
Market Cap C$ 65,792,621
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Post says Air Canada, WestJet see U.S. numbers drop

2025-06-04 08:46 ET - In the News

See In the News (C-AC) Air Canada

The Financial Post reports in its Wednesday edition that traffic was up for both domestic and international flights at Canada's largest airports in April, with the exception of trips to the United States. The Post's Denise Paglinawan writes that according to Statistics Canada, transborder traffic to the U.S. dropped for the third month in a row to 1.1 million, 5.8 per cent lower than in April, 2024. Statscan said transborder passenger counts were also significantly lower (down 12.5 per cent) than the prepandemic level recorded in April, 2019. Passengers travelling to the U.S. accounted for 25.5 per cent of screened passengers in April, down from 28.1 per cent recorded in 2024. For the third straight month, all four of the largest airports recorded year-over-year decreases in screened passenger counts for flights to the U.S. Outside of the U.S., however, Canadians travelling internationally by air reached 1.4 million in April -- up 7.1 per cent over the same month in 2024, and sharply higher (up 19 per cent) than the prepandemic level posted in April, 2019. Canadians are also choosing to travel within the country. Domestic passenger traffic was up by 7.4 per cent to two million in April compared with the previous year.

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