All Air Transat articles – Page 2
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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.
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Analysis
Airlines 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.
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Analysis
Airline 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.
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News
Air 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.
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News
Canada’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.
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News
Spirit 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.
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Interview
How 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
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News
Transat 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.
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News
Air Transat resumes operations after six-month pause
Canada’s Air Transat has resumed flying after a six-month pandemic-driven pause.
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News
Transat 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.
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Analysis
Number 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.
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News
Transat 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.
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News
US 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”.
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News
Transat 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.
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News
Transat 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.
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News
Investor 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.
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News
Transat 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.
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News
Air Canada and Transat call off merger
The European Commission (EC) has put the brakes on Air Canada’s planned acquisition of Transat AT, the parent of Air Transat, leading the companies to call off the deal completely.
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News
Airbus pits TwoTwenty against business jets like Global 7500 and G700
Five months after launching its ACJ TwoTwenty executive jet, Airbus Corporate Jets (ACJ) is talking up the performance of its modified A220-100, pitching the type as competitive in two segments of the business aircraft market.
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News
Air Transat suspends operations until June
Transat AT, the parent company of Canadian holiday specialist Air Transat, has effectively shut down revenue operations due to the coronavirus mitigation measures imposed by the Canadian government earlier this year.
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