MONTREAL - Transat A.T. Inc. reported a loss of $49.6 million in its latest quarter compared with a loss of $3.2 million a year earlier as it was hurt by rising costs. Transat A.T. Inc. reported a loss of $49.6 million in its latest quarter compared with a loss of $3.2 million a year earlier. The travel company says the loss amounted to $1.32 per diluted share for the quarter ended Jan. 31 compared with a loss of nien cents per share a year ago. ( Paul Chiasson / THE CANADIAN PRESS )Revenue in what was the company’s first quarter totalled $647.6 million, down from $648.4 million. Article Continued BelowAnalysts on average had expected a loss of 78 cents per share and revenue of 760.7 million, according to Thomson Reuters Eikon.

Source: thestar March 14, 2019 11:48 UTC