Transat quarterly revenue up 18 per cent to $1.08B; net hit by ABCP writedown

Transat A.T. Inc. (TSX:TRZ.B) booked an 18 per cent increase in February-April revenue to $1.08 billion, but net income declined 24 per cent to $40.7 million because of an additional writedown of $17.9 million on asset-backed commercial paper.

Read Full Article from The Canadian Press

- Posted: 2008-06-12 09:18:38

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