The amended transaction reflects the unprecedented impact of Covid-19 upon the global air transport industry, which has endured a severe decline in air travel since the initial agreement.
Air Transat has unveiled its winter timetable with plans to operate from airports across the UK during the season, thus restoring year-round operations.
Air Transat will resume flights from the UK to Canada tomorrow. Flights will be operated by a brand-new fleet of Airbus A321neoLR aircraft, with a choice of club class and economy.
The leisure carrier will offer a new flight schedule to 22 destinations in Europe, the United States and Canada from July 23rd until the end of the summer season on October 31st.
Air Transat has announced a gradual suspension of its flights to Europe until April 30th. This decision follows an announcement from the government of Canada that the country is closing its borders to foreign nationals.
As the merger with Air Canada approaches completion Gilles Ringwald, vice president of commercial with Air Transat, tells Breaking Travel News what the deal will mean for fliers in the country. With new frequencies also launching to London, he also tells us how important the city is to the future of the carrier.
Air Canada will face a competition probe before the airline can complete its proposed acquisition of Air Transat. Air Transat shareholders overwhelmingly voted last week in favour of the C$720 million deal, which valued the carrier at C$18-a-share.
Air Canada and Transat have concluded a definitive arrangement agreement that provides for flag-carrier’s acquisition of all issued and outstanding shares in the private carrier. The value of the all-cash transaction is approximately $520 million.
The flag-carrier hopes the proposed transaction, valued at approximately $13 per share, will create a Montreal-based global travel services company in leisure, tourism and travel distribution.
Air Transat has announced the appointment of Liz Langan as UK sales manager with responsibility for southern England. With over 15 years of experience in airline sales, Langan joins Air Transat from Oman Air, where she was a key account manager, before previously holding account manager positions at Air Canada and Etihad Airways.
Air Transat has unveiled a new livery as the carrier marks its 30th anniversary. The new look was unveiled at Air Transat’s facilities at Montréal–Trudeau airport, which was attended by 375 partners and guests.