Transat A.T. Inc., incorporated under the Canada Business Corporations Act, is an integrated company specializing in the organization, marketing, and distribution of holiday travel in the tourism industry. The core of its business consists of tour operators in Canada and France. Transat is also involved in air transportation and value-added services at travel destinations. Tour operators offer holiday travel packages with transportation provided in part by commercial charter flights operated by member companies of the group. Travel agencies provide advice to consumers and distribute the products available from tour operators and other tourism-related services. The Corporation also acts as a franchisor for the travel industry and in hotel management. In France and Canada, Transat’s products are distributed by travel agencies including on the web. In 2002, Air Transat operated direct flights to 29 cities in 11 countries in Europe. In Canada, through Air Transat, Transat has been involved in air transportation for 15 years. The airline’s fleet had 17 aircraft in 2002. Air Transat remains a charter carrier in Canada, flying to 90 destinations in 27 countries. In 2002, the airline carried 2,845,000 passengers. During the winter season, Air Transat served 55 destinations in 21 countries, flying primarily to southern and other sunshine destinations. In the summer, Air Transat shifts most of its capacity to Europe while maintaining flights to southern destinations. In 2002, Air Transat offered direct flights to 29 cities in 11 countries in Europe, more than any other airline operating from Canada. In France, through its subsidiary Look Voyages, Transat relies in part on Star Airlines. The airline serves some 30 destinations, mainly in the Mediterranean Basin and increasingly in the West Indies. Star Airlines added a sixth Airbus A320 to its fleet during the year.
transat a.t. inc-b
(TRZ/B:Toronto Stock Exchange)
Place du Parc
300 Léo-Pariseau Street
Montréal, QC H2X 4C2
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