Air Transat is getting a $150 million assistance package from the Trudeau government. Transat A.T. Inc. announced today that it has reached an agreement with Canada Enterprise Emergency Funding Corporation (“CEEFC”), a federal Crown corporation, to obtain $100 million in added financing, as well as $50 million in credit. “In this final LEEFF (Large Employer Emergency Financing Facility) loan, Transat will receive up to $150 million to protect Canadian jobs and ensure operations can continue, despite the company’s ongoing capital operating challenges as a result of the pandemic,” the government said in a press released. “The amount consists of $100 Read more
Montreal
The Trudeau government says the passport situation is improving, but there’s still work to do. “Canadians deserve access to timely, efficient, and transparent passport delivery services,” said Karina Gould, federal minister for Families, Children and Social Development. “We’re continuing to tackle big challenges in the passport program, and as the summer progresses, thanks to the hard work of Service Canada staff, we continue to see improvements in service delivery. “We are starting to put a dent in the backlog,” Gould said. “Last week, the number of passports issued was higher than at any point since before the pandemic, at 54,312. Read more
Ottawa says it’s making progress on Canadian airport congestion and passport backlogs in Toronto, Vancouver and Montreal. This week, Transport Minister Omar Alghabra met once again with the CEOs of the Greater Toronto Airports Authority and WestJet. They discussed current and planned actions being taken by industry to quickly bring on more employees and to bolster core operations to better respond to the challenges of rapidly increasing demands as the number of Canadians travelling by air continues to grow. Minister Alghabra will also meet next week with the CEO of Air Canada. The Government of Canada and air industry partners Read more
Air Transat offers Canadian travellers the opportunity to take advantage of low fares on a selection of flights, including four exciting new routes, from both Montreal and Quebec City. This includes flights from Montreal to both Los Angeles and San Francisco. It’s the perfect opportunity to get away to the U.S. or Europe this summer! Montreal – Miami from $299 (all flights round trip) Montreal – San Francisco from $399 Montreal – Los Angeles from $399 Quebec City – London from $599 Montreal – London from $679 Montreal – Amsterdam from $679 Quebec City – Paris from $679 In addition, Read more
The shakeup continues in the Canadian airline industry. Air Transat and Porter Airlines, two major Canadian carriers, have concluded a code-sharing agreement to be implemented for the 2022 summer season. The first phase of the agreement will focus on connecting Porter’s bases at Billy Bishop Toronto City Airport (YTZ) and Halifax-Stanfield (YHZ) to Air Transat’s hub at Montreal-Trudeau (YUL), providing customers of both carriers with a greater selection of connecting flights in Canada, the U.S. and internationally. “We are very excited to team up with Porter in an important partnership that will contribute to the strengthening of our network and Read more
