0730 ET - Transat's slightly higher revenues over the winter seem to be continuing into the summer months for the Canadian tour operator. In a report, National Bank of Canada's Cameron Doerksen says that with lower Canadian demand for U.S. destinations, where Transat is minimally exposed, "there has been some concern that industry capacity might be re-deployed onto trans-Atlantic routes creating some downward yield pressure." But this hasn't materialized. Indications show that total scheduled industry capacity growth on Canada-Europe routes is only up 3.2%, compared with 2.2% planned earlier in 2025. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

May 28, 2025 07:30 ET (11:30 GMT)

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