The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Konark Gupta - Scotiabank Global Banking and Markets, Research Division - Analyst
: So my first question is on fuel hedging. I think you guys said that you're hedging this summer starting from June. Can you provide any sense in
terms of what percentage of consumption is being hedged here? And are you hedging WTI or Brent or something else? And that -- and any sense
on how much protection can it provide in terms of price?
Question: Konark Gupta - Scotiabank Global Banking and Markets, Research Division - Analyst
: That's great, Patrick. And then like recently, all the media articles, and I think a lot of us have been traveling, and we have seen significant delays
and maybe cancellations happening at Toronto Pearson and maybe Vancouver as well. From your operational perspective, have you seen any
disruption in operations due to delays at the airports? And if you have, what do you think -- what's driving these issues at this point? Is it the shortage
of people or customs or ground staff at the airports and how is that being fixed by the government? We saw some announcement by Minister of
Transport, but is that enough?
Question: Konark Gupta - Scotiabank Global Banking and Markets, Research Division - Analyst
: A couple of follow-ups actually. On the Transatlantic, I know you disclosed some capacity doubling versus 2019. But curious, what are you seeing,
Annick, in terms of volumes or pricing and load factors compared to 2019 in Transatlantic this summer?
REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us
consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies.
JUNE 09, 2022 / 2:00PM, TRZ.TO - Q2 2022 Transat AT Inc Earnings Call
Question: Konark Gupta - Scotiabank Global Banking and Markets, Research Division - Analyst
: That's great. And then last one, in terms of your employee base, pilots, airport staff, we have heard from a lot of the U.S. airlines are having issues,
finding the talent and getting their pilots and other people back. A few Canadian airlines have said something opposite, they had not had this
issue. Where do you stand? Do you have issues finding the pilots in wrapping up capacity in operations and ground staff?
|
