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Friday, September 13, 2013
Air Transat leases Boeing 737-800s for the winter
Transat A.T. Inc. announced Friday the signing of an agreement for the
seasonal leasing of Boeing 737-800 narrow-body aircraft that will be
supplied in the winter by Transavia France, the Air France/KLM
Group's French leisure airline. The five-year pact is for four planes
for the winter of 2015, five for 2016, six for 2017, seven for 2018
and eight for 2019. The aircraft, which will be operated by Air
Transat, will fly to destinations in Mexico and the Caribbean.
July 24, Transat announced an agreement with the U.S.-based
International Lease Finance Corp. for the long-term leasing of four
Boeing 737-800s, which will become the core of Air Transat's
permanent narrow-body fleet.
deal gives us greater flexibility and a significantly improved cost
structure,” said Jean-Marc Eustache, president and chief executive
officer of Transat. “This strategy is key to our future success and
to a return to profitability in winter.”
renewing an agreement originally forged between the two companies in
2010, Transavia France is once again improving its flexibility and
its ability to adapt to the seasonal nature of its operations,”
said Antoine Pussiau, president and chief executive officer of