Monday August 19, 2019
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color for Advisory firm recommends Transat shareholders to vote for Air Canada’s new deal


Advisory firm recommends Transat shareholders to vote for Air Canada’s new deal

Institutional Shareholder Services Inc. (ISS) has put forth a recommendation that Transat shareholders vote for an acquisition deal between Transat and Air Canada.
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Beep, beep! Transat hits the streets with Cubamania truck

Transat is hitting the open road this month with prizes and popsicles to remind travellers why Cuba should be top of mind.
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Transat calls Groupe Mach’s latest offer “highly abusive, coercive and misleading”

Transat is warning its shareholders of Groupe Mach’s “highly abusive” and “misleading” conditional offer for voting shares made on Aug. 2 in an effort to block Transat’s sale to Air Canada.
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Transat launches Cubamania sale

Got Cuba-bound clients? Transat is offering up to $800 savings per couple to those booking all-inclusive Cuba packages for next fall or winter.
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Transat co-founder could make more than $17 million from sale to Air Canada

Transat A.T. Inc. chief executive Jean-Marc Eustache stands to make more than $17 million from the sale of the tour operator he co-founded.
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TDC unveils newly enhanced fam reports

With an updated familiarization trip report model under its belt, Transat Distribution Canada (TDC) now offers travel agents easily accessible content according to travel category.
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Stakeholders congratulate Air Canada & Transat on Skytrax wins, milestone merger

Following last week’s milestone merger agreement between Air Canada and Transat SA, key stakeholders have extended their congratulations to both carriers for their big wins at the 2019 Skytrax World Airline Awards.
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Potential snags & industry reaction: Air Canada set to buy Transat for $520 million

Air Canada and Transat A.T. Inc. have announced a deal valued at $520 million that should see Air Canada buy Transat A.T. Inc., however some of Transat’s biggest shareholders have indicated they’re not happy with the $13 per share offer.
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Mach waives financing condition for Transat acquisition

Group Mach Inc. has submitted an amended version of its proposal to acquire Transat today, removing conditions related to financing from the Government of Quebec.
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Boyer set to depart Transat Distribution Canada on July 31

Nathalie Boyer is leaving her post as General Manager, Transat Distribution Canada (TDC) to take on a senior executive role outside the travel industry.
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Smooth sailing for tour operators & tourism boards onboard Lady Sandals for VIP event
Smooth sailing for tour operators and tourism boards onboard Lady Sandals for VIP event-7
There was plenty of good cheer and a lot of laughs onboard the Lady Sandals last night, as Maureen Barnes-Smith...
Sunwing to ground 737 MAX 8s until spring 2020
Sunwing is grounding all of its Boeing 737 MAX 8 throughout the winter season as the troubled aircraft continues to see...
Couples Sans Souci closing May 1, 2020 for US$7 million reno
Couples Resorts Jamaica has US$7 million worth of upgrades slated for its Couples Sans Souci luxury all-inclusive...
TPI among Virtuoso’s top winners at annual Travel Week
Virtuoso’s top members were honoured at its 31st annual Virtuoso Travel Week in Las Vegas, where over 3,000 of...
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