Transat A.T. Inc., parent of the Air Transat brand, has reported an increase in revenue by by $495.8 million for the quarter ended July 31, 2022, compared with 2021 (a quarter with virtually no operations). Compared with 2019, quarterly revenues were down $190.6 million or 27%. Capacity offered was 82% of that deployed in 2019 across all programs and 68% for Europe, the main program during this period. Overall, the number of travellers was down 24% for the third quarter compared with 2019. “The recovery emerging at the end of the last quarter has been confirmed in recent months. With