Is Air Transat really cutting all U.S. flights?

Yes. The company plans to cancel remaining Florida flights in May and suspend all U.S. service for the summer season. Media reports describe weak transborder demand and a strategic shift toward leisure routes in Mexico and the Caribbean. Investors should watch for an updated network plan and booking commentary at the next earnings call.

How could this decision affect Air Transat stock in the short term?

In the near term, the refocus can support utilization and yields on sun routes, which may help sentiment. However, the share price can stay volatile as the market weighs lost U.S. revenue against better mix. Liquidity metrics remain tight, so investors may react strongly to any updates on cash flow or bookings.

What should investors watch on the March 12 earnings release?

Key items include forward bookings for Mexico and the Caribbean, unit revenue trends, load factors, and any guidance on capacity and costs. Also review cash, interest coverage, and net debt. Management commentary on the timing and impact of U.S. flight cuts will help quantify near-term revenue and margin effects.

Is TRZ.TO stock price cheap based on a low P/E?

The trailing P/E near 0.4 looks very low and may reflect one-time items or accounting effects. Cross-check other metrics. Price to sales is about 0.03 and EV to sales is 0.31, but current ratio of 0.70 and interest coverage of 0.07 flag risk. Await earnings for a clearer view of sustainable profits.

Global Market Insights

TRZ.TO Stock Today: February 15 – Air Transat Drops All U.S. Routes

ByDanny Kontos February 15, 2026February 15, 2026

Air Transat stock is in focus today after the airline said it will suspend all U.S. routes by May to June, reflecting soft transborder demand and a strategy shift toward sun destinations. Investors want to know how this move affects utilization, pricing, and the TRZ.TO stock price. In today’s session, TRZ.TO traded near C$2.48, up about 2.5%, within a 52-week range of C$1.41 to C$3.25. With earnings due March 12, we break down the near-term setup, valuation signals, and what to watch for Canadian airlines demand.