Air Transat Considering 80-person Layoff Amid Financial Turbulence

Air Transat Considering 80-person Layoff Amid Financial Turbulence
An Air Transat plane is seen at Pierre Elliott Trudeau International Airport in Montreal on May 16, 2019. The Canadian Press/Ryan Remiorz
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Transat A.T. Inc. is preparing to lay off up to 80 workers as the tour operator struggles to turn its finances around, according to a preliminary notice sent to the Quebec government.

Over the course of the year, the company has felt the headwinds of stiff competition, engine recalls and the threat of a union strike, which together conspired to drain more money from the struggling outfit.