Transat reports revenue increase for 1Q2018, driven by higher number of travellers in key markets

    Transat reported (14-Jun-2018) a 4.8% rise in the number of travellers in the sun destination market and 10.7% on the trans Atlantic market increased revenue in 2Q2018, which increased 2.0% overall. Average selling prices were slightly higher in the transatlantic market and remained relatively unchanged in the sun destinations market. The increase in revenues was partially offset by the sale of the Jonview subsidiary and by the achievement of Transat’s objective for flight-only sales compared to 2017. [more – original PR]