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Transat A.T. Inc.

11:35 AM EST - Transat A.T. Inc. : reported fourth-quarter net income of $18.1 million or $0.52 per share, compared to net loss of $82.37 million or $2.54 per share last year. Adjusted after-tax income was $17.85 million, higher than $10.09 million in the prior-year quarter. Adjusted earnings per share were $0.51, compared to $0.31 in the year-ago quarter. Revenues declined to $719.66 million from $790.42 million in the same quarter last year. Transat A.T. Inc. shares T.TRZ.A are trading even at $17.97.