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Transat swings to FY26 Q3 net loss of C$106.6 million; revenue rises 3% to C$792.7 million

PUBT·09/10/2026 11:02:16
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Transat swings to FY26 Q3 net loss of C$106.6 million; revenue rises 3% to C$792.7 million
  • Transat posted fiscal Q3 revenue up 3% to CAD 792.7 million, while net loss widened to CAD 106.6 million, or CAD 2.60 a share.
  • Adjusted EBITDA swung to a loss of CAD 0.9 million from a profit, as fuel prices stayed elevated and competition limited pass-through.
  • Free cash flow deteriorated to negative CAD 301.8 million, while cash and equivalents totaled CAD 243 million at July 31, 2026.
  • Fuel expense rose CAD 105 million on a 56% jump in prices; management pegged the cumulative impact since the fuel crisis at about CAD 175 million.
  • Liquidity facility draw reached CAD 150 million; Transat also secured CAD 250 million in additional CUGE financing maturing in 2035.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transat A.T. Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202609100700CANADANWCANADAPF_C6674) on September 10, 2026, and is solely responsible for the information contained therein.