transat at inc saw higher fuel prices in the three months ended july 31 which pressured the canadian airline operators profitability on its third quarter transat raised its selling prices compared with 2019 in part due to higher fuel costs the company said fuel prices surged 112 compared with 2021 and contributed to an operating loss of 932 million canadian dollars us71 million fuel prices if they remain at the current level are creating strong pressure on the corporations operating costs and profitability