All Air Transat articles – Page 3
-
NewsTransat CEO fears WestJet-Sunwing merger will harm competition
Transat AT chief executive Annick Guerard says WestJet’s pending acquisition of leisure airline Sunwing will “significantly” harm competition in Canada’s hotly contested leisure travel market.
-
NewsTransat fiscal Q1 earnings hit by Omicron, hopes for more government aid
Transat AT, the parent company of Air Transat, experienced a “significant” Omicron-variant-fuelled hit during its fiscal first quarter 2022, as passengers took a step back from planning air travel.
-
NewsCanada’s Air Transat and Porter team up with codeshares
Canada’s Air Transat and Porter Airlines have teamed up, reaching a code-share agreement beginning with flights this summer.
-
NewsOn International Women’s Day, female CEOs account for 7% of airline total
Seven of the world’s top 100 passenger airlines are led by women, according to FlightGlobal analysis updated to mark International Women’s Day – a total that represents a high point in five years of data.
-
Airline BusinessAirlines continue slow progress on gender diversity in C-suite but JetBlue shines
The crisis-hit global airline industry continued its slow but consistent progress towards gender parity in the C-suite during 2021, with standout progress in some key areas – including a doubling of the number of women leading carriers.
-
Airline BusinessAirline CEO churn moderated in 2021 – with Canada clearout the exception
Fifteen of the world’s top 100 airlines and groups welcomed new chief executives in the 12 months to early December 2021, according to FlightGlobal’s latest survey, with upheaval among North American airlines a notable theme – and one that is set to continue into 2022.
-
NewsAir Transat cuts fiscal Q4 loss and ramps schedule
Transat AT, owner of Canadian leisure carrier Air Transat, says increased load factors helped reduce losses in the company’s fiscal fourth quarter, and that demand is set to rise as passenger confidence improves.
-
NewsCanada’s Air Transat and WestJet launch transatlantic codeshares
Canada’s second- and third-largest passenger carriers, WestJet and Air Transat, have entered into a codeshare agreement for transatlantic travel.
-
NewsSpirit restructures under new business segments, seeks revenue diversification
Spirit AeroSystems has restructured its business into three new operating segments, a move the company says will help it focus on expansion and diversification of revenue.
-
Airline BusinessHow Annick Guerard is leading the fightback at Air Transat
With a little help from new partners and a determination not to dwell on a punishing 18 months for the business, Annick Guerard is plotting a secure future for Air Transat
-
NewsTransat remains optimistic despite another minimal-revenue quarter
A six-month operational pause left Transat AT with another quarter lacking significant revenue, though more cash has been flowing in since subsidiary Air Transat restarted flights at the end of July.
-
NewsAir Transat resumes operations after six-month pause
Canada’s Air Transat has resumed flying after a six-month pandemic-driven pause.
-
NewsTransat pilots accept deal to return to work
Pilots at Canada’s low-cost vacation specialist Air Transat have accepted a new contract, clearing a path for them to return to work when the airline resumes service, now scheduled for 30 July.
-
Airline BusinessNumber of women leading top airlines doubles in space of months
While there has arguably been remarkably little executive churn at the top of airlines during the pandemic, the past few months suggest that might be starting to change – and that some positive trends could emerge from the crisis.
-
NewsTransat ends takeover negotiations with Peladeau
Transat AT on 21 June announced the end of a special committee charged with reviewing takeover bids, adding that billionaire investor Pierre Karl Peladeau has withdrawn his offer to purchase control of the tourism provider due to lack of shareholder interest.
-
NewsUS and Europe commit to preventing transfer of aerospace technology to ‘non-market’ economies
The US government and European Union will collaborate to help prevent aerospace technology from falling into the hands of “state-financed competitors” and so-called “non-market economies”.
-
NewsTransat limps out of fiscal Q2, hopes to restart operations on 30 July
Transat AT, the parent company of Canadian leisure airline Air Transat, continues to struggle as its operations remain suspended amid uncertainty about when Canada will lift its pandemic-driven travel restrictions.
-
NewsTransat COO Guerard to succeed retiring chief Eustache
Transat AT chief operations officer Annick Guerard will become chief executive of the company on 27 May, succeeding current CEO Jean-Marc Eustache, who is retiring.
-
NewsInvestor scraps plan to acquire Transat: reports
Canadian billionaire investor Pierre Karl Peladeau has reportedly scrapped his effort to acquire Transat AT, the Montreal company that owns leisure carrier Air Transat.
-
NewsTransat secures C$700m in government aid
Transat, the parent company of Canadian leisure carrier Air Transat, has reached a deal to borrow up to C$700 million ($569 million) from the Canadian government.