04:51:59 EST Sat 07 Feb 2026
Enter Symbol
or Name
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CA



Transat AT Inc
Symbol TRZ
Shares Issued 40,485,767
Close 2026-01-07 C$ 2.82
Market Cap C$ 114,169,863
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Globe says Air Canada, rivals cut back on U.S. flights

2026-01-08 08:47 ET - In the News

See In the News (C-AC) Air Canada

The Globe and Mail reports in its Thursday edition that Canadian airlines have reduced capacity to the United States by 10 per cent in the first quarter as carriers adjust to anti-American sentiment, aviation consultancy OAG says. The Globe's Eric Atkins writes that the year-over-year drop in planned seat availability comes as Canadian carriers have increased capacity to Mexico and Costa Rica as well as such destinations as Japan, Britain and France, OAG chief analyst John Grant said. WestJet reduced U.S. capacity by 19 per cent while Air Canada and Flair Airlines cut by 7 per cent and 58 per cent, respectively. Air Canada said the cuts, which began in the second quarter of last year, are to ensure capacity matches projected and actual demand. Maciej Wilk at Flair, said the airline is seeing strong demand for sun destinations in Mexico, Jamaica and the Dominican Republic. Amid the U.S. reductions, Flair is bolstering its domestic network, adding flights in Atlantic Canada and a Vancouver-Montreal route. Total reductions in the first three months of 2026 amount to 450,000 seats, or almost 5,000 each day. Travellers are reacting to not only trade and political tensions, but perceived security risks of travelling there.

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