Here’s the latest publicly available information on Transat A.T. (Air Transat’s parent) from 2025–2026.
Direct answer
- Transat A.T. Inc. reported financial results for Q3 of fiscal 2025 showing improved operating performance and higher revenues, with an adjusted EBITDA of about $81 million and ongoing balance-sheet strengthening after refinancing and monetization steps. They also highlighted benefits from the Elevation program and continued progress toward their target of generating about $100 million in annual adjusted EBITDA by mid-2026. These results were announced in September 2025.[1]
Context and recent milestones
- In late 2024, Transat posted a profitable quarter driven by engine-compensation receipts and higher passenger traffic, with net income of about $41 million for that quarter; the company discussed cautious optimism for the year ahead and ongoing refinancing efforts.[2]
- By mid-2025, Transat released a second-quarter update noting revenue growth (about 5.9% to roughly $1.03 billion) and strengthened balance sheet through debt restructuring, alongside a continued focus on productivity improvements.[3]
- Transat maintains ongoing communications through its own newsroom with a series of monthly and quarterly press releases detailing performance, refinancing progress, capacity changes, and strategic initiatives. You can review the full set of press releases at their corporate site.[4]
What this means for travellers and investors
- The company’s trajectory appears aimed at better profitability and debt reduction, supported by initiatives like capacity optimization, a transatlantic expansion, and a new partnership strategy (e.g., joint ventures) to broaden its network. For travelers, this could translate into steadier service levels and more route options as demand recovers. For investors, refinancing activity and EBITDA targets are key indicators of potential risk-reduction and margin improvement.[1][3]
Illustration
- Example: A timeline of notable events for Transat A.T. in 2024–2025 includes: profit revival in Q4 2024 due to engine compensation and higher traffic; refinancing and balance-sheet strengthening in 2025; and reaffirmed EBITDA targets toward 2026. This captures the company’s shift from distress to structured profitability.[2][1]
Would you like a concise, chart-friendly summary of the latest quarterly figures (revenues, EBITDA, debt, capacity) with sources, or a bullet-point quick-read focused on the investor angle? I can pull exact figures and prepare a short financial snapshot with citations.