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Stock impact report

Air Transat posts fourth-quarter loss amid calls for board shakeup [Yahoo! Finance Canada]

Raytheon Technologies Corporation (RTX) 
In its latest financial results, released Dec. 18, Air Transat reported a net loss of $12.5 million, or a $0.31 loss per share, compared to the net income of $41.2 million (or $1.05 per share) it posted last year — a 130.3 per cent year-over-year decline. On an adjusted basis, its net loss in the quarter, ended Oct. 31, amounted to $18.7 million (a loss of $0.42 per share), down from an adjusted net income of $31.6 million or $0.81 per share in 2024. The company generated $771.6 million in revenues, down 2.2 per cent from $788.8 million in the prior year. “As expected, fourth quarter revenues declined slightly as substantially lower year-end compensation from Pratt & Whitney overshadowed underlying revenue growth driven by higher yields,” chief executive Annick Guérard said. The compensation from the equipment manufacturer was $28.2 million lower than in the same period last year. Excluding this drop in compensation, the company said, revenues increased by 1.5 per cent. Its Show less Read more
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