Transat A.T. Inc. issued “a status update regarding its contemplated arrangement with Air Canada (the "Arrangement")” under the revised arrangement agreement between Transat and Air Canada dated Oct. 9, 2020 (the "Arrangement Agreement").
The company noted that as announced on Feb. 11, 2021 -- although the Canadian government has approved the Arrangement -- the Arrangement must still receive the approval of the European Commission (the "Commission"); and the Commission has requested additional information from the parties and its decision is now expected to be rendered only in the...
Arved von zur Muehlen is stepping down from his roles as Executive Vice-President and Chief Commercial Officer at WestJet on March 5, 2021.
The carrier’s president and CEO, Ed Sims said: “Arved's strategic thinking and ability have been of huge value to WestJet. On behalf of our WestJetters and our board of directors, we thank Arved for all he has done.”
WestJet’s departing EVP and CCO, von zur Muehlen said: “I am grateful to our WestJetters, our guests and my colleagues on the executive team for having the opportunity to work for this great airline through some of the...
During the international conference on Synthetic Sustainable Aviation Fuels (SAF) in The Hague, a passenger flight partly flown on sustainably produced synthetic kerosene, was carried out in The Netherlands.
Shell, producer of the sustainable kerosene and KLM, operating the flight, presented this showcase during the meeting initiated by Cora van Nieuwenhuizen, Dutch Minister for Infrastructure and Water Management. European politicians, policymakers, representatives from the business community, the (aviation) industry and NGOs participated at the conference.
The Netherlands is one...
Air Canada released its 2020 annual results, reporting total revenues of $5.833 billion in 2020 which is a decline of $13.298 billion or 70% from 2019.
The carrier reported 2020 negative EBITDA(1) (excluding special items) or (earnings before interest, taxes, depreciation and amortization) of $2.043 billion compared to 2019 EBITDA of $3.636 billion.
It also reported an operating loss of $3.776 billion in 2020 compared to operating income of $1.650 billion in 2019. Unrestricted liquidity amounted to $8.013 billion at December 31, 2020.
Calin Rovinescu, president and Chief...
IATA is offering an online training course to help laid-off airline cabin crew members re-enter the job market.
This course will be offered free of charge for those who register between now (Feb. 9) and Feb. 23.
In a recent survey of 800 cabin crew who have lost their jobs in the crisis, IATA found that 78% wanted help to identify skills that can enable them to transfer into other roles.
The three-hour Cabin Crew – Leveraging Professional Skills course was developed with input from former crew members to meet this need by enabling crew to enhance, promote and recognize...
Following the federal government’s announcement that new quarantine and testing measures for arriving travellers will take effect on Feb. 22, the president and CEO of the National Airlines Council of Canada (NACC), Mike McNaney said: “As the government introduces the new testing and hotel quarantine measures for international arriving passengers, it is important to note that due to ongoing travel restrictions and border measures, as well as ongoing steps by Canada’s major carriers to suspend large segments of international service, international arrivals to Canada are down between...
In a strongly worded response, WestJet says that the federal government has ignored the advice of the Competition Bureau in approving the “Air Canada takeover of Transat.”
WestJet president and CEO, Ed Sims said that: "This decision shows blatant disregard for all Canadians who believe in healthy competition."
Sims said that: “When Canadians look to explore the world and reunite with family and friends once again, they will face fewer choices and higher fares."
He also pointed out that the government's own Competition Bureau stated in regards to the proposed purchase,...
Beginning Feb. 22, international travellers planning to enter Canada at four designated airports (Vancouver, Calgary, Toronto and Montreal) are going to have to pre-book a 3-night stay at a government-approved hotel to await the results of the COVID-19 test that they will be required to take on arrival.
Hotel booking information will be available online as of Feb. 18, 2021, and travellers will need to book a hotel in the city in which they first arrive in Canada. If they receive a negative result on their arrival test, they will be able to take a connecting flight to their final...
Transport Minister Omar Alghabra’s announcement that the federal government has approved the proposed purchase of Transat A.T. Inc. by Air Canada -- subject to strict terms and conditions that are in the interests of Canadians – moves the deal between the two airlines one step closer to consummation, with it now needing to receive approval from the European Commission.
In a statement issued following the Canadian government’s announcement, Transat A.T. Inc. said: “With the approval of Canadian authorities now in hand, the other significant regulatory approval remaining to allow...
Air Canada has announced further service reductions and staff layoffs following the ramping up of travel restrictions for Canadians.
The airline is cutting 1,500 jobs temporarily and it is suspending service of 17 additional routes as of next week.
The service reduction follows Air Canada’s suspension of service on its Mexico and Caribbean routes; as well as its decision to temporarily shut down all flights by Rouge – a loss of 80 jobs – last...