Transat lost money in the second quarter, but revenues climbed sharply as travel rebounded around the world. Transat A.T. inc., the parent company for Air Transat, today reported an adjusted second quarter loss of $51 million. But it said revenues were up $358 million, and that it’s bullish about the rest of the year. “When the effect of Omicron subsided at the end of February, operations and sales rebounded strongly, allowing us to end the quarter on a very encouraging note and generate revenues of $358 million for the period. We foresee a strong recovery and will continue to implement Read more
aviation
WestJet today, is celebrating the launch of service to Edinburgh with the departure of WS16 from Toronto Pearson International Airport at 9:25 p.m. local time last night. With the addition of the airline’s latest connection to Europe, WestJet will now fly non-stop to five European destinations from Toronto this summer including Edinburgh, Glasgow, Dublin, London-Gatwick and Barcelona, Spain. “We are thrilled that Edinburgh is the final European connection to inaugurate from Toronto this summer, rounding out the restoration of our network and strengthening our offerings from Toronto. These cities are some of the world’s most vibrant and iconic destinations and Read more
In a ruling that should allow Flair Airlines to continue selling low-cost flights to Canadians and others, the Trudeau government has ruled that Flair qualifies as a Canadian airline. The Canadian Transportation Agency issued a statement on its website today, stating that the agency “issued its final determination and found that Flair is Canadian.” “It’s a fantastic day for team Flair,” president and CEO Stephen Jones said at a press conference today. “‘The question has been answered.” Global News reports that Jones said the Edmonton-based company “never doubted” that it was Canadian and the decision by the CTA is very clear: Read more
Flair Airlines has been making a ton of noise in the Canadian travel marketplace. We should find out tomorrow if that’s going to continue. Officials from the Edmonton-based airline on Wednesday (June 1) are expected to announce the results of a Canadian Transportation Agency (CTA) investigation on whether it may continue to fly in Canada. The Canadian government has been looking into allegations that Flair didn’t meet the conditions to qualify as being Canadian owned. Ottawa says at least 51 per cent of a company’s voting interests must be owned and controlled by Canadians and no more than 25 per cent Read more
One of the top destinations for Canadians is operating at full hotel capacity again, and there’s a new way to get there. Air Transat on Thursday operated its first-ever flight from Montreal to San Francisco. The non-stop service will operate until the end of October with two flights per week, on Thursdays and Sundays. “San Francisco is a breathtaking city, ideally located between the ocean and the mountains, and renowned for its outstanding cuisine,” said Joseph Adamo, Chief Sales and Marketing Officer, Transat. “We are very excited to open up a whole new world of discovery and sunshine to our Read more
