Transat A.T. V & Vv (TSE:TRZ) has released an update.
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Transat A.T. Inc. anticipates missing its adjusted EBITDA margin target for fiscal 2024 due to ongoing operational issues with Pratt & Whitney engines, pressure on airline revenues, and potential union strikes. The corporation has decided to discontinue future guidance on this metric, with more details to be revealed in the second quarter earnings call on June 6th.
For further insights into TSE:TRZ stock, check out TipRanks’ Stock Analysis page.