On February 25, 2026, Transat A.T. Inc. announced that it has mailed a letter to shareholders, highlighting its turnaround momentum, strengthened balance sheet, improved financial results and disciplined execution of its clear strategy as the Company enters the next phase of its strategic plan. In addition, the Company emphasized its key developments result delivering plans, materially stronger balance sheet, demonstrated performance momentum, right-sized, industry-expert and experienced Board. Further, the Company recommended the shareholders to vote for its 8 board nominees.