14-Jun-2019 11:24 AM
Transat: Trans Atlantic market capacity up 1% during summer 2019
Transat reported (13-Jun-2019) its outlook for the following markets during summer 2019:
- Trans Atlantic outbound from Canada and Europe: Constitutes substantial portion of business during summer 2019, with capacity up 1% from May-2019 to Oct-2019. Load factors are up 0.7% year-on-year and 64% of capacity is sold;
- Sun destinations outbound from Canada: Low season during summer 2019. Load factors and capacity comparable to 2018, with 60% of capacity sold.
Transat expects 3Q2019 results to be slightly higher year-on-year, provided current trends remain. [more - original PR - English/French]