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Tag: Air Transat

  • Air Transat voted World’s Best Leisure Airline at 2023 Skytrax World Airline Awards

    The airline tops the ranking for the fifth time

    MONTREAL, June 20, 2023 /CNW/ – Air Transat is pleased to announce that it has been named the World’s Best Leisure Airline for the fifth time at the Skytrax World Airline Awards.

    The awards ceremony took place this morning at the Paris Air Show, held at the Musée de l’Air et de l’Espace in Bourget, France. Marc-Philippe Lumpé, Chief Operations Officer of Air Transat, and Frédéric Nappert, Specialist, Systems and Standards of Air Transat, joined by members of the Air Transat flight crew, were on hand to receive this prestigious award.

    Air Transat team: Pierre-Olivier Lauret, Pilot, Claudia Obed Larosilière, Flight Director, Frédéric Nappert, Specialist, Systems and Standards, Marc-Philippe Lumpé, Chief Operations Officer, Stéphane Sanche, Flight Director, Anupreet Kaur, Inflight Supervisor, and Nicolas Sarganis, Flight Attendant (CNW Group/Transat A.T. Inc.)
    Air Transat team: Pierre-Olivier Lauret, Pilot, Claudia Obed Larosilière, Flight Director, Frédéric Nappert, Specialist, Systems and Standards, Marc-Philippe Lumpé, Chief Operations Officer, Stéphane Sanche, Flight Director, Anupreet Kaur, Inflight Supervisor, and Nicolas Sarganis, Flight Attendant (CNW Group/Transat A.T. Inc.)

    “Receiving this award fills us with immense pride,” says Lumpé. “It testifies to the unique place we occupy in our passengers’ hearts, and it highlights the exceptional nature of our service and our commitment to excellence. Our unrivaled expertise, which puts our customers at the centre of all our actions, enables us to live up to the trust they place in us every day.”

    “I would like to express my gratitude to all our employees, whose ongoing commitment and unwavering professionalism represent the essential elements that have earned us this most prestigious recognition,” says Annick Guérard, President and Chief Executive Officer of Transat. “Receiving this award for the fifth time illustrates their exceptional contributions, which are at the heart of our success.”

    “We congratulate Air Transat on the fabulous achievement of being voted the World’s Best Leisure Airline in 2023 for the fifth time,” adds Edward Plaisted, Chief Executive Officer of Skytrax. “This award is a great recognition for all of the Air Transat front line staff who are clearly delivering great standards to gain this highest level of customer satisfaction.”

    Air Transat won this award in 2012, 2018, 2019, 2021 and now 2023, in addition to being voted North America’s Best Leisure Airline in 2022.

    About the World Airline Awards

    The World Airline Awards are wholly independent and impartial, introduced in 1999 to provide a customer satisfaction study that was truly global. Travellers across the world vote in the largest airline passenger satisfaction survey to determine the award winners. The awards are referred to by media around the world as “the Oscars of the aviation industry”.

    All costs of the Survey and Awards event are paid by Skytrax, and airlines do not pay any entry or registration fee. There are no charges for use of the Award logos and results.

    The online customer survey operated from September 2022 to May 2023, together with invitations sent to previous year respondents in the survey database. The customer survey was provided in English, French, Spanish, Russian, Japanese and Chinese.

    Over 100 customer nationalities participated in the 2022/2023 survey with 20.23 million eligible entries counted in the results. Survey entries are screened to identify IP and user information, with all duplicate, suspect or ineligible entries deleted. More than 325 airlines are featured in the final Award results.

    About Air Transat

    Founded in Montreal 35 years ago, Air Transat is a leading leisure travel brand. Voted World’s Best Leisure Airline by passengers at the 2023 Skytrax World Airline Awards, it flies to international, transborder and Canadian destinations. It is renewing its fleet with the greenest aircraft in their category as part of a commitment to a healthier environment, knowing that this is essential to its operations and the magnificent destinations it offers. Air Transat is a business unit of Transat A.T. Inc.

  • Transat A.T. Inc. – Results for second quarter of 2023

    Transat builds on its momentum and enters a summer of robust activity

    Adjusted operating income for the second quarter of 2023 nearly 40% higher than in the second quarter of 2019
    Transat raises its adjusted operating income margin target from 4-6% to 5.5-7% for the fiscal year

    For the second quarter:

    • Revenues of $870.1 million
    • Adjusted operating income (adjusted EBITDA) of $56.1 million
    • Operating income (EBIT) of $18.7 million

    Financial position:

    • Unrestricted liquidity of $723.6 million as at April 30, following strong cash flow generation of $155.9 million
    • Customer deposits for future travel of $867.1 million, a 38% increase compared with April 30, 2019
    • Maturities for secured loans totalling $198.0 million extended from April 2024 to April 2025

    MONTREAL, June 8, 2023 /CNW/ – Transat A.T. Inc., a holiday travel reference worldwide, particularly as an air carrier under the Air Transat brand, announces its results for the second quarter ended April 30, 2023.

    “For the second quarter of 2023, Transat reported a solid performance, with an adjusted operating income of $56.1 million, nearly 40% higher than in the same quarter of 2019. At mid-year, and based on current booking trends, we are raising the target for the adjusted operating income margin from the initially set range of 4% to 6% to a target of 5.5% to 7% for the fiscal year.”

    “Several factors contributed to the Corporation’s favourable results. Firstly, the demand for leisure travel, which is Transat’s primary niche, is holding steady. This high volume of activity is driving prices up, resulting in 15% increases at the beginning of the quarter, and almost 24% at the end of the quarter, compared with the same period in 2019. In addition, Transat actively continued its fleet optimization plan, deploying in winter 2023 a capacity comparable to winter 2019 with 20 fewer aircraft in service. Better price management, thanks to improved practices and new tools, has also helped to maximize revenues and seize market opportunities. Transat also relied on continuous improvement in its operational efficiency throughout the quarter.”

    “With more than 60% of our capacity sold, the stage is set for a dynamic summer. Transat will deploy for the summer a capacity representing 89% of its 2019 level, with Europe comprising 80% of the activity, leveraging the most profitable routes for Transat,” stated Annick Guérard, President and Chief Executive Officer of Transat.

    Second-quarter highlights

    • For the second quarter, the Corporation generated $870.1 million in revenues, up $512.0 million from $358.2 million for the corresponding period of 2022. In 2022, the Corporation had to cancel nearly 30% of flights scheduled as a result of the sharp decline in demand and massive booking cancellations following the emergence of the Omicron variant.
    • Transat recorded operating income of $18.7 million, an improvement of $106.3 million compared with the $87.5 million loss in 2022.
    • Adjusted operating income amounted to $56.1 million, an improvement of $107.2 million, compared with an adjusted operating loss of $51.0 million in 2022.
    • Net loss amounted to $29.2 million ($0.76 per share), compared with $98.3 million ($2.60 per share) for the corresponding quarter of last year.
    • Excluding non-operating items, Transat reported an adjusted net loss of $8.0 million ($0.21 per share) for the second quarter of 2023, compared with $111.6 million ($2.95 per share) in 2022.

    Financial position

    As at April 30, 2023, cash and cash equivalents amounted to $623.6 million, an increase of $112.4 million compared with $511.2 million at the same date in 2022. Cash and cash equivalents in trust or otherwise reserved resulting from travel package sales also increased; the balance stood at $262.2 million as at April 30, 2023, compared with $191.9 million at the same date in 2022.

    Customer deposits for future travel stood at $867.1 million, up 38% from pre-pandemic levels as at April 30, 2019, reflecting the rebound in demand and higher average selling prices.

    During the second quarter, Transat renegotiated secured loans totalling $198.0 million, extending the maturity dates from April 2024 to April 2025. “These amendments provide us greater flexibility in repaying debt and attest to our financial partners’ trust in our recovery plan,” stated Patrick Bui, Chief Financial Officer of Transat.

    In total, available financing amounted to a maximum of $963.3 million, of which $863.2 million was drawn down ($858.6 million as at April 30, 2022), for unrestricted liquidity of $723.6 million.

    Outlook

    To date, although load factors for this summer are 2.6 percentage points lower than in 2019, airline unit revenues, expressed in yield, are 29% higher than four years ago. The combination of strong demand and upward pricing will allow the Corporation to cope with a cost environment that remains generally higher and volatile.

    In light of the mid-year indicators, the Corporation is raising the target for adjusted operating income1 margin from the initially set range of 4% to 6% to a target of 5.5% to 7% for fiscal 2023. In making these forward-looking statements, the Corporation adjusted its assumptions for the full year, including moderate growth in Canada’s GDP, an exchange rate of C$1.35 to US$1 and an average price per gallon of jet fuel of C$4.25.

    More Information…

    About Transat

    Founded in Montreal 35 years ago, Transat has achieved worldwide recognition as a provider of holiday travel particularly as an airline under the Air Transat brand. Voted World’s Best Leisure Airline in North America by passengers at the 2022 Skytrax World Airline Awards, it flies to international, U.S. and Canadian destinations. By renewing its fleet with the most energy-efficient aircraft in their category, it is committed to a healthier environment, knowing that this is essential to its operations and the destinations it serves. Transat has been Travelife-certified since 2018. (TSX: TRZ) www.transat.com

  • Avionica Revolutionizes Immediate Flight Data Management With Integrated MiniQAR And LTE Product Line For Air Transat And JSX

    Miami, FL. June 1, 2023 – Avionica, a global leader in aircraft data management solutions, is proud to announce the successful induction of its miniQAR’s and LTE product line to two prominent air carriers Air Transat and JSX. This milestone marks a major advancement in aviation data management, paving the way for enhanced operational efficiency and safety for both carriers.

    Air Transat, a Canadian operator with a mixed fleet of 31, A330 and A321 aircraft, has chosen Avionica’s Flight Data Management Solution that utilizes Avionica’s miniQAR’s and LTE product line. To further enhance and streamline their data management process delivery, both of the airline’s aircraft will use the Avionica avSYNC service which enables immediate data transfer. The MiniQAR’s compact size and advanced data collection capabilities will allow Air Transat to efficiently collect and analyze critical flight data, enabling them to make data-driven decisions to optimize operations, maintenance, and safety.

    JSX, known for pioneering a new category of flying called ‘hop-on jet service’ utilizing a fleet of 41 Embraer ERJs, has also selected Avionica’s MiniQAR’s and LTE Flight Data Management Solution.  In addition, JSX will also enable the Avionica avSYNC product to ensure the fastest delivery of data.  With JSX’s commitment to providing premium passenger experience, Avionica’s cutting-edge solutions will enable them to proactively monitor and manage their aircraft data, ensuring the highest level of safety and reliability for their operations.

    Avionica’s MiniQAR’s and LTE products are renowned for their reliability, durability, and advanced data collection capabilities, making them the top choice for airlines around the world. With these installations to Air Transat and JSX, Avionica further solidifies its position as a trusted partner in the aviation industry, providing innovative solutions that enable airlines to optimize their operations and enhance safety.

    “We are excited to partner with Air Transat and JSX as our valued customers, and we are confident that our integrated flight data management solutions that combine our miniQAR and LTE products and avSYNC service will exceed expectations and provide both airlines with the crucial data-driven insights necessary to make informed decisions, enhance operational efficiency, and ensure safety. At Avionica, we are dedicated to delivering high-quality, reliable, and innovative solutions to our customers, and we look forward to continuing to support Air Transat and JSX in their endeavors.”  said Claudia Espinosa, Vice President of Commercial.

    Avionica remains committed to developing cutting-edge solutions that drive industry innovation, and this demonstrates its unwavering dedication to excellence in aircraft data management and aviation safety worldwide.

    About Avionica

    Headquartered in Miami for 30 years and privately held, Avionica is a world leader in aircraft data collection and data transmission manufacturing, designing and producing innovative, safety-qualified, state-of-the-art solutions that are revolutionizing air transportation. Avionica is a world leader in innovative, miniaturized aircraft data collection and wireless data transmission equipment*. More than 9,000 of Avionica’s Quick Access Recorders (QAR) have been delivered around the world, with Supplemental Type Certification (STC) earned on more than 400 models, including air transport, business, and general aviation aircraft. 

  • Transat Offers University Students an Immersive Learning Experience in Sustainable Tourism in Punta Cana

    MONTREAL, May 9, 2023 /CNW/ – For the third edition of the Journey for Change program, Transat has partnered with Iberostar Hotels & Resorts and the University of Guelph’s School of Hospitality, Food and Tourism Management for an international field study program that provides 12 students with a unique experience in the Dominican Republic. The goal of this initiative is to offer a unique hands-on experience for tomorrow’s leaders in sustainable travel.

    “Sustainable travel is at the heart of Transat’s corporate responsibility strategy, and I’m pleased to see that the next generation is already sensitive to these issues,” said Chrystal Healy, Vice President, Corporate Responsibility at Transat. “In addition, I’m particularly proud to partner with Iberostar this year, a brand who’s known for its concrete efforts in sustainable development. We believe in the power of numbers and hope that students will return from their stay with a renewed desire to get involved in social and environmental issues, both at home and abroad.”

    The program includes a rich variety of topics and workshops, including responsible sourcing, food waste prevention and composting, coral reef rehabilitation, mangrove planting, beach clean-ups, and community centre visits.

    “The strength of Journey for Change is that the destination is the classroom. Students learn about sustainable tourism while experiencing being a tourist themselves. They see first-hand the challenges that Transat and Iberostar are tackling. And together, we can find solutions to advance responsible travel,” adds Dr. Statia Elliot, professor at the School of Hospitality, Food & Tourism Management – University of Guelph.

    “At Iberostar, we view sustainability as a core principle that drives and guides our business. We are committed to transforming the way people perceive travel and are constantly innovating to inspire our guests to join us in creating a better future. We are delighted to welcome students from Journey for Change, as they can learn about our responsible tourism practices and discover that there are always solutions to be found. During their visit to the Coral Lab, they will gain insight into how coral studies can aid in overcoming the challenges that climate change poses to reefs,” says Gabriel Martorell, Sustainability Director for the Americas at Iberostar.

    The first Journey for Change trip took place in spring 2019 in Puerto Plata, Dominican Republic. Both previous editions have provided an opportunity to meet local communities and tourism service providers, and to learn about the complex issues inherent in sustainable tourism at the destination.

    About Transat

    Founded in Montreal 35 years ago, Transat has achieved worldwide recognition as a provider of holiday travel particularly as an airline under the Air Transat brand. Voted World’s Best Leisure Airline in North America by passengers at the 2022 Skytrax World Airline Awards, it flies to international, U.S. and Canadian destinations. By renewing its fleet with the most energy-efficient aircraft in their category, it is committed to a healthier environment, knowing that this is essential to its operations and the destinations it serves. Transat has been Travelife-certified since 2018. (TSX: TRZ) www.transat.com

    About the Iberostar Group

    The Iberostar Group is a 100% family-owned multinational Spanish company with over 65 years of experience in the tourism industry, as well as entrepreneurial roots dating back to 1877. Its main line of business is Iberostar Hotels & Resorts, whose portfolio includes over 100 four- and five-star hotels in 16 countries. The Group has become an international leader, as it promotes a responsible tourism business model that revolves around caring for both people and the environment. Its pioneering Wave of Change movement reflects the company’s specific commitment to the environment and the oceans, as well as its efforts to share it with society as a whole. With sustainability acting as a driving force for business, the Iberostar Group places the circular economy at the heart of its strategy and is working towards its own 2030 Agenda. This involves becoming waste-free by 2025, carbon neutral by 2030, and 100% responsible in its seafood supply chain by 2025, as well as improving the health of the ecosystems that surround its hotels, among other goals. iberostar.com

  • Air Transat announces its 2023-2024 winter program for the Maritimes

    MONTREAL, May 3, 2023 /CNW/ – Air Transat is pleased to unveil the details of its 2023-2024 winter flight program today for travellers in the Maritimes. The airline continues to develop its operations, and will offer, at the peak of the season,  more than 20 direct flights per week from Halifax and Moncton to 10 destinations in the Caribbean, Mexico and the United States.

    “We are proud to present an ambitious flight program that is even more attractive than our pre-pandemic offer,” said Michèle Barre, Air Transat’s Chief Revenue Officer. “The rise in our overall capacity for winter 2023-2024 also includes a major increase in the frequency of flights to South destinations, while enabling us to keep on strengthening our air network as we offer our customers in the Maritimes even more flight options.”

    At the peak of the season, Air Transat’s overall program will include over 300 direct flights per week departing from eight Canadian cities. In addition to Halifax and Moncton, it will also offer flights from Montreal, Quebec City, Toronto, Ottawa, London and Hamilton.

    Sun destinations: more accessible than ever

    For the very first time, Air Transat will be considerably expanding its winter operations in the Maritimes by moving up the start date for certain routes to meet growing demand, particularly during the Holiday Season. In the past, these destinations were only available beginning in February. This year, December 18 will be the start date for various flights departing from Halifax (Cancún, Cayo Coco, Fort Lauderdale, Holguín, Orlando, Punta Cana and Varadero) and from Moncton (Cancún and Punta Cana).

    This winter, more than 20 flights will be scheduled to 10 southern destinations each week, reinforcing the airline’s commitment to meet travellers’ needs while offering even greater travel day flexibility.

    DestinationFrom
    Halifax    		From
    Moncton
    CANCÚN – Mexico41
    CAYO COCO – Cuba1
    HOLGUÍN – Cuba1
    MONTEGO BAY – Jamaica1
    PUERTO PLATA – Dominican Republic1
    PUNTA CANA – Dominican Republic41
    SANTA CLARA – Cuba1
    VARADERO – Cuba11

    Number of weekly flights at the peak of the season

    Florida continues to be a destination of choice

    In addition, Air Transat will be increasing its number of flights to Florida, a highly popular destination for travellers from the Maritimes. One additional direct flight per week will be offered from Halifax to Orlando, while two direct flights to Orlando will depart from Moncton.

    DestinationFrom
    Halifax    		From
    Moncton
    FORT LAUDERDALE2
    ORLANDO32

    Number of weekly flights at the peak of the season

    About Air Transat

    Founded in Montreal 35 years ago, Air Transat is a leading leisure travel brand. Voted North America’s Best Leisure Airline by passengers at the 2022 Skytrax World Airline Awards, it flies to international, transborder and Canadian destinations. Air Transat is renewing its fleet with the greenest aircraft in their category as part of its commitment to a healthier environment—an essential consideration for its operations and the magnificent destinations it serves. Air Transat is a business unit of Transat A.T. Inc.

  • Air Transat announces its 2023-2024 winter program for Quebec

    Air Transat announces its 2023-2024 winter program for Quebec

    MONTREAL, May 3, 2023 /CNW/ – Air Transat is pleased to unveil the details of its 2023-2024 winter flight program today for Quebec travellers, slated to begin on November 1, 2023. The airline continues to develop its operations, and will offer, at the peak of the season, more than 180 direct flights per week from Montreal and Quebec City to over 30 destinations in the Caribbean, Mexico, Central and South America, the United States and Europe.

    “We are proud to present an ambitious flight program that is even more attractive than our pre-pandemic offer,” said Michèle Barre, Air Transat’s Chief Revenue Officer. “We are following through on our strategy to expand our service to various French regions with Lyon and Marseille routes now operating throughout the winter, while flights to Nantes will continue until mid-January. The rise in our overall capacity for winter 2023-2024 also includes a major increase in the frequency of flights to South destinations, while enabling us to keep on strengthening our air network to offer our Quebec customers even more flight options.”

    At the peak of the season, Air Transat’s overall program will include over 300 direct flights per week departing from eight Canadian cities. In addition to Montreal and Quebec City, it will also offer flights from Toronto, Ottawa, London, Hamilton, Halifax and Moncton. 

    Sun destinations: more accessible than ever

    Compared to last year, over 30 additional flights will be scheduled from Montreal and Quebec City, reinforcing the airline’s commitment to meet travellers’ needs while offering even greater travel day flexibility.

    In particular, the company is strengthening its position as the primary Canadian airline serving the Dominican Republic. At the peak of the season, two additional direct flights will be offered each week between Montreal and Punta Cana, while one additional direct flight will be offered between Quebec City and Punta Cana and between Quebec City and Puerto Plata.

    Air Transat is also significantly enhancing its Cuba offer with two additional flights departing from Montreal to Cayo Coco, three to Holguín, two to Varadero and one to Santa Clara.

    The company continues to develop its Mexican market, with one additional flight departing from Montreal and one from Quebec City to Cancún, as well as two additional flights from Montreal to Puerto Vallarta.

    Air Transat is also setting its sights on high-growth markets such as Colombia, Costa Rica, El Salvador and Saint Martin. Each week, one additional direct flight will be departing from Montreal to Cartagena, Liberia, Philipsburg, San José and San Salvador.

    DestinationFrom
    Montreal    		From
    Quebec City
    ACAPULCO – Mexico1
    CANCÚN – Mexico145
    CARTAGENA – Colombia3
    CAYO COCO – Cuba52
    FORT-DE-FRANCE – Martinique3
    LIBERIA – Costa Rica4
    HAVANA – Cuba2
    HOLGUÍN – Cuba61
    MONTEGO BAY – Jamaica4
    PHILIPSBURG – St. Maarten3
    POINTE-À-PITRE – Guadeloupe3
    PORT-AU-PRINCE – Haiti1
    PUERTO PLATA – Dominican Republic62
    PUERTO VALLARTA – Mexico72
    PUNTA CANA – Dominican Republic146
    RIO HATO – Panama2
    SAMANA – Dominican Republic51
    SAN JOSÉ – Costa Rica4
    SAN JUAN – Puerto Rico1
    SAN SALVADOR – El Salvador2
    SANTA CLARA – Cuba32
    VARADERO – Cuba62

    Number of weekly flights at the peak of the season

    Direct flights to Europe year-round

    Departing from Montreal, Air Transat will be offering direct flights to seven European destinations. In accordance with the strategy announced earlier this year, the airline is reducing the seasonal nature of its operations in Europe by offering year-round service to Marseille and Lyon and by extending its flights to Nantes until mid-January.

    Departing from Quebec City, the number of flights to Paris will rise to two per week.

    DestinationFrom
    Montreal    		From
    Quebec City
    LISBON – Portugal2
    LONDON – UK3
    LYON – France3
    MALAGA – Spain3
    MARSEILLE – France2
    NANTES – France (until January 13, 2024)2
    PARIS – France72

    Number of weekly flights at the peak of the season

    Florida continues to be a destination of choice

    Making a major investment, Air Transat will be significantly increasing its number of flights to Florida, a destination it has been serving for almost 35 years. Departing from Montreal, seven additional flights per week will be added to Fort Lauderdale, with two additional flights to Orlando.

    DestinationFrom
    Montreal    		From
    Quebec City
    FORT LAUDERDALE134
    MIAMI3
    ORLANDO72

    Number of weekly flights at the peak of the season

    About Air Transat

    Founded in Montreal 35 years ago, Air Transat is a leading leisure travel brand. Voted North America’s Best Leisure Airline by passengers at the 2022 Skytrax World Airline Awards, it flies to international, transborder and Canadian destinations. Air Transat is renewing its fleet with the greenest aircraft in their category as part of its commitment to a healthier environment—an essential consideration for its operations and the magnificent destinations it serves. Air Transat is a business unit of Transat A.T. Inc.

  • Air Transat announces its 2023-2024 winter program for Ontario

    Air Transat announces its 2023-2024 winter program for Ontario

    MONTREAL, May 3, 2023 /CNW/ – Air Transat is pleased to unveil the details of its 2023-2024 winter flight program today for Ontario travellers, slated to begin on November 1, 2023. The airline continues to develop its operations and will offer, at the peak of the season, more than 110 direct flights per week from Toronto, Ottawa, London and Hamilton to over 20 destinations in the Caribbean, Mexico, Central and South America and Europe.

    “We are proud to present an ambitious flight program that is even more attractive than our pre-pandemic offer,” said Michèle Barre, Air Transat’s Chief Revenue Officer. “The rise in our overall capacity for winter 2023-2024 also includes a major increase in the frequency of flights to South destinations, while enabling us to keep on strengthening our air network as we offer our Ontario customers even more flight options.”

    At the peak of the season, Air Transat’s overall program will include over 300 direct flights per week departing from eight Canadian cities. In addition to Toronto, Ottawa, Hamilton and London, it will also offer flights from Montreal, Quebec City, Moncton and Halifax.

    Sun destinations: more accessible than ever

    Compared to last year, over 20 additional flights will be scheduled departing from Ontario, reinforcing the airline’s commitment to meet travellers’ needs while offering even greater travel day flexibility.

    In particular, the company is strengthening its position as the primary Canadian airline serving the Dominican Republic. At the peak of the season, four additional direct flights will be offered each week between Toronto and Punta Cana, while one additional direct flight will be offered between Toronto and Puerto Plata, as well as Toronto and Samana. One additional direct flight will connect Ottawa and London with Punta Cana.

    Air Transat is also significantly enhancing its Cuba offer with two additional flights departing from Toronto to Cayo Coco and one additional flight to Holguín, Varadero and Santa Clara.

    The company continues to develop its Mexican market, with four additional flights departing from Toronto to Cancún and two to Puerto Vallarta. One additional flight will depart from Ottawa and London to Cancún.

    DestinationFrom
    Toronto    		From
    Ottawa    		From
    London    		From
    Hamilton
    CANCÚN – Mexico14321
    CARTAGENA – Colombia1
    CAYO COCO – Cuba511
    LIBERIA – Costa Rica4
    LA ROMANA – Dominican Republic1
    HOLGUÍN – Cuba5
    MONTEGO BAY – Jamaica7
    PHILIPSBURG – St. Maarten1
    PUERTO PLATA – Dominican Republic511
    PUERTO VALLARTA – Mexico4
    PUNTA CANA – Dominican Republic14321
    RIO HATO – Panama2
    SAMANA – Dominican Republic3
    SAN JOSE – Costa Rica3
    SAN JUAN – Puerto Rico1
    SANTA CLARA – Cuba31
    VARADERO – Cuba51

    Number of weekly flights at the peak of the season

    Direct flights to Europe year-round

    Departing from Toronto, Air Transat will be serving six European destinations, for a total of 20 direct flights to Europe each week. The airline is boosting the frequency of its weekly service to Faro to two direct flights.

    DestinationFromToronto
    FARO – Portugal2
    GLASGOW – UK1
    LISBON – Portugal2
    LONDON – UK7
    MANCHESTER – UK2
    PORTO – Portugal2

    Number of weekly flights at the peak of the season

    About Air Transat

    Founded in Montreal 35 years ago, Air Transat is a leading leisure travel brand. Voted North America’s Best Leisure Airline by passengers at the 2022 Skytrax World Airline Awards, it flies to international, transborder and Canadian destinations. Air Transat is renewing its fleet with the greenest aircraft in their category as part of its commitment to a healthier environment—an essential consideration for its operations and the magnificent destinations it serves. Air Transat is a business unit of Transat A.T. Inc. (TSX: TRZ).

  • Air Transat encourages Canadians to step out of their comfort zone

    MONTREAL, May 2, 2023 /CNW/ – Air Transat launched today its new promotional campaign in Canada: Time to go. Encouraging Canadians to step out of their comfort zone, this advertising campaign shows that it is essential to travel in order to recharge one’s batteries and escape the monotony of everyday life.

    Developed in collaboration with creative agency Sid Lee, the campaign is built around videos featuring protagonists in their routine that has gotten too comfortable: a couple asleep in front of the TV, a man working on one of his numerous motorcycles in his garage, and a woman watering hundreds of plants in her apartment. The brand’s message is directly inspired by the habits of staying at home that many have developed in an excessive way since the pandemic.

    “Time to go is perfectly aligned with our mission, which encourages us to benefit from the transformative power of travel – openness,” says Joseph Adamo, Chief Sales and Marketing Officer at Transat. “We believe that one of the best ways to grow personally is to get out of that comfortable routine.”

    “Comfort zones allow us to relax and take solace in the familiar, but sooner or later, there comes a time when we want to shake things up,” adds Brian Gill, Creative Director at Sid Lee. “Time to go is about that moment of realization when we say to ourselves: ‘I need some adventure,’ and there is no better way to expand our horizons than through travel.”

    Rolled out in Quebec and Ontario, the campaign includes 30-, 15- and 6-second video ads, in addition to a radio ad. The multiplatform campaign can also be seen in online media and on various types of billboards. Most of these placements include a message contextualized to the location of the ad that encourages people to question their habits and comfort zone, and ultimately, the need to spice things up through travel.

    Partnerships with local pizzerias to take the concept further

    The campaign also features a creative media initiative to transpose the concept of the campaign to a concrete context of everyday life. With the help of Eat It Up Media, a pizza box using Air Transat’s colours was developed to directly address future travellers. When people order this comfort food at one of the 45 participating pizzerias in the Greater Toronto Area and Montreal, the box will include a question that will make them realize that it’s time to go, as well as share information about the promotion along with a QR code leading to the promotion page.

    Time to go  promo: low prices to Europe and the United States

    For the launch of its new campaign, Air Transat invites travellers to step out of their comfort zone and discover the benefits of travel by offering great prices on flights to Europe and the United States. Round-trip flights to Europe start at $799, one-way flights from Toronto to Florida start at $149, and one-way flights from Montreal to California start at $249.

    About Air Transat

    Founded in Montreal 35 years ago, Air Transat is a leading leisure travel brand. Voted North America’s Best Leisure Airline by passengers at the 2022 Skytrax World Airline Awards, it flies to international, transborder and Canadian destinations. It is renewing its fleet with the greenest aircraft in their category as part of a commitment to a healthier environment, knowing that this is essential to its operations and the magnificent destinations it offers. Air Transat is a business unit of Transat A.T. Inc. (TSX: TRZ).

    About Sid Lee

    Sid Lee is a borderless creative agency applying storytelling, design and technology to build customer experiences that matter. Their multi-disciplinary team of 900 professionals works as one out of offices in Montreal, Toronto, New York, Paris, London, LA and Seattle. Working side by side with progressive clients, they deploy their creative capabilities in several disciplines, ranging from design to interactive and experiential communication to advertising and architecture. Practicing agile creative and production development, as well as radical collaboration both internally and with their clients, they create work that matters, allowing their clients to outperform their competitors and earn the trust and loyalty of their customers.

    Offering fully integrated solutions across the globe, Sid Lee is a member of kyu, a collective of top-tier global creative companies — including IDEO and SYPartners — established by Hakuhodo DY Holdings, the second-largest agency network in Asia. Together, we propel our belief that creativity has the power to move the economy and society forward. Sid Lee also imagined C2 Montreal, one of the largest innovation conferences in the world.

  • Transat secures $100 million in additional funding

    Maturity dates for debts totalling $198 million are deferred from April 2023 to April 2024

    MONTRÉAL, July 29, 2022 /CNW Telbec/ – Transat A.T. Inc. (“Transat” or the “Corporation“) announced today that it has reached an agreement with Canada Enterprise Emergency Funding Corporation (“CEEFC”), a federal Crown corporation, to obtain $100 million in additional liquidity. In connection with the establishment of such additional funding, through the Large Employer Emergency Financing Facility (LEEFF), Transat has reached an agreement with all lenders to defer the April 2023 maturities to April 2024, as well as to defer from October 2022 to October 2023 the date by which the Corporation must meet certain financial covenants.

    Such liquidity is in addition to initial financing secured on April 29, 2021, through LEEFF to help the Corporation overcome the effects of the pandemic. On March 10, 2022, Transat also received an additional $43.3 million for traveller refunds and negotiated favourable 20-month deferrals for certain key terms of the unsecured LEEFF financing agreement.

    As stated by Annick Guérard, President and CEO, “This complementary financing and the changes to the existing agreements strengthen our treasury position and reinforce our financial resilience. This important financing milestone, combined with sales that have been doing well in recent months, will give us the financial flexibility to deploy our strategic plan with optimism and confidence.”

    The additional credit facility made available by the Canada Enterprise Emergency Funding Corporation, which Transat will use as needed over the next few months, is for an amount of $100 million of which 80% is under the terms and conditions of the non-revolving and unsecured credit facility amended this past March, and 20% is under the terms and conditions of the revolving and secured credit facility.

    Under the LEEFF financing, Transat issued a total of 4,687,500 warrants for the purchase of an equivalent number of Transat shares at an exercise price of $3.20 per share over a 10-year period1. The warrants are to vest in proportion to the drawings that will be made, but 50% of vested warrants will be forfeited if the loan were to be repaid in full by December 31, 2023.

    The financial arrangement also provides Transat with an additional credit facility for a maximum amount of $50 million, subject to certain conditions that must be met no later than July 29, 2023, including securing additional funding from a third party. This demonstrates the Crown corporation’s renewed commitment to Transat in the implementation of its recovery plan.

    About Transat

    Founded in Montréal 35 years ago, Transat has grown to become a travel reference worldwide, particularly as an air carrier under the Air Transat brand. Voted four times since 2017 as the World’s Best Leisure Airline by passengers at the Skytrax World Airline Awards, it flies to international and Canadian destinations and strives to provide its customers with service that is enthusiastic, friendly and entirely safe. Transat has been Travelife-certified since 2018. As part of its commitment to a healthier environment, it has been renewing its fleet with aircraft considered the greenest in their category, knowing that this is essential to the integrity of its operations and the destinations it serves (TSX: TRZ).

    www.transat.com

  • Air Transat Adds Las Vegas To Its 2022-2023 Winter Program

    Air Transat Adds Las Vegas To Its 2022-2023 Winter Program

    • Majestic hotels, five-star dining and trade shows all easily accessible from Montreal
    • Montreal-Los Angeles and Montreal-London flights now available year-round
    • Return of flights to Havana, New Orleans and Tampa from Montreal

    MONTREAL, June 13, 2022 /CNW Telbec/ –  Air Transat, named World’s Best Leisure Airline in 2021 by Skytrax, is proud to add iconic Las Vegas to its roster of destinations available from Montreal this winter. Starting November 3, Air Transat will fly nonstop to more than 50 destinations across the Caribbean, Mexico, Central and South America, the United States and Europe this winter.

    “Many Canadians are finally ready to take the trip they have been dreaming of over the past two years,” says Michèle Barre, Air Transat’s Vice President of Network, Revenue Management and Pricing. “On one hand, Las Vegas represents the creation of new opportunities for both leisure and business travel. On the other, with the return of direct flights to Havana, New Orleans and Tampa, we are proposing even more possibilities to explore sunny destinations. We are proud to offer our passengers a diverse flight network on four continents to not only meet, but continually exceed their expectations.”

    Las Vegas: for business and pleasure

    As of November 3, 2022, Air Transat will fly from Montreal to Las Vegas four times a week. This destination, renowned for its lively nightlife, large-scale concerts, and spectacular nearby national parks, also offers a multitude of business opportunities with its many trade shows and events.

    A long-awaited return of key destinations

    Travellers looking for discovery and a change of scenery will appreciate the return of three sunny routes that were put on hold due to the pandemic – two in the U.S. and one in Cuba. The carrier is markedly consolidating its presence in the Florida and Cuban markets, both of which continue to remain popular destinations among Canadian travelers.

    Therefore, Air Transat will fly from Montreal to New Orleans two times a week starting November 3, to Havana three times a week starting December 19, and to Tampa two times a week starting December 23.

    Three enhanced routes from Montreal

    To meet the growing interest of travellers for these destinations, Air Transat will upgrade its Montreal-London and Montreal-Los Angeles seasonal service to a year-round service starting in the fall of 2022, each with three weekly flights. In addition, the carrier will extend its Montreal-Marseille direct flights to until January 8, 2023, with two flights a week.

    About Air Transat

    Founded in Montreal 35 years ago, Air Transat is a leading leisure travel brand. Voted World’s Best Leisure Airline by passengers at the Skytrax World Airline Awards, it flies to international and Canadian destinations, striving to serve its customers with enthusiasm and friendliness at every stage of their trip or stay, and emphasizing safety throughout. It is renewing its fleet with the greenest aircraft in their category as part of a commitment to a healthier environment, knowing that this is essential to its operations and the magnificent destinations it offers. Air Transat is a business unit of Transat A.T. Inc., a world-renowned holiday travel provider that achieved Travelife certification in 2018 in recognition of its sustainability commitments.