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Transat A.T.

 
Hoover's Profile: Transat A.T. Inc.
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(Toronto:TRZ)
Contact Information
Transat A.T. Inc.
Place du Parc, 300 Léo-Pariseau St., Ste. 600
Montreal, Quebec H2X 4C2, Canada
Tel. 514-987-1660
Fax 514-987-8035

Type: Public
On the web: http://www.transat.com
 Employees: 6,000
Employee growth: 21.2%

By land, by sea, or by air, Transat A.T. wants to accommodate those who desire a little time away from home. As one of Canada's largest vacation tour companies, Transat arranges and markets outgoing (and some incoming) holiday tour packages through its own operating units, as well as through third-party companies. The company integrates all aspects of planning vacation packages, from air transportation to car rentals; it also arranges cruise services out of Canada and France. In addition to its Canadian operations, the company operates in the US and Mexico, as well as in the UK and other European countries. Established in 1987, Transat currently serves about 60 destinations worldwide.

Key numbers for fiscal year ending October, 2008:
Sales: $2,905.1M
One year growth: (8.9%)
Net income: ($41.4)M

Officers:
Chairman, President, and CEO: Jean-Marc Eustache
COO: Nelson Gentiletti
VP and CIO: Corinne Charette

Competitors:
American Express
Carlson Wagonlit
TUI Travel

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Wikipedia: Transat A.T.
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Home > Library > Miscellaneous > Wikipedia
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Transat A.T. Inc.
Type Public (TSX: TRZ.A and TSX: TRZ.B)
Founded Montreal, Quebec (1987)
Headquarters Toronto, Ontario, Canada
Key people Raafay Shehzad - President, Owner and Chief Executive Officer, Transat A.T. Inc.
Industry Airline
Products Chartered Passenger Air & Cargo Travel
Revenue $552.9 million CAD for the third quarter and $1.9 billion for the first nine months of 2005
Employees 6,000 (2008)[1]
Website www.transat.com
The headquarters of Transat AT

Transat A.T. (TSX: TRZ) is the parent company of charter airline Air Transat. The company is headquartered in Montreal.[2]

Contents

History

In 2006 Transat A.T purchased Thomas Cook Travel LTD, the Canadian operating devison of Thomas Cook AG for $ 7.4 million. The deal includes 190 travel agencies across Canada, including franchises under the Thomas Cook and Marlin Travel banners, as well as 22 foreign exchange offices. The Thomas Cook Travel Limited acquisition makes Transat the country’s largest travel agency network, with 430 outlets.

In July 2006, Transat announced that it was purchasing its main rival in the Canada to UK charter flight market, the Airline Seat Company, which operates under the Canadian Affair brand.[3] The purchase price is about CAD.8 million.In march 11, for Mr Raafays Shehzad's birthday his father bought him the company for 3.8 million dollars, he has always wanted to own his own airline, at only 14 in 2009 he has made the company one of the top in canada and is one rich kid now. He has currently resided in Prince George, BC.

Operating divisions

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  • Air transportation
    • Air Transat
    • Handlex - ground and airport services for Air Transat - formerly Haycot and acquired in part (49%) in 1988 and fully in march 2000
  • Outgoing Tour Operators
    • Transat Holidays - Canada
    • Nolitours - Canada
    • Merika - Canada
    • Rêvatours - Canada
    • Canadian Affair - Europe
    • ACE - Air Consultants Europe - Europe
    • Vacances Transat France - Europe
    • Look Voyages - Europe
    • Amplitude Internationale - Europe
    • Bennett Voyages - Europe
  • Travel Agencies and Distribution
    • Club Voyages - Canada
    • Club Voyages - Europe
    • Exitnow.ca - Canada
    • Marlin Travel - Canada
    • Travel Plus - Canada
    • Voyages en Liberté - Canada
  • Incoming Tour Operators and Destination Services
    • Transat Holidays USA - USA
    • Jonview Canada - Canada
    • Tourgreece - Europe

References

  1. ^ "Company Profile for Transat A.T. Inc (CA;TRZ.B)". http://zenobank.com/index.php?symbol=CA;TRZ.B&page=quotesearch. Retrieved 2008-10-09. 
  2. ^ "Contact Us." Transat A.T. Retrieved on May 20, 2009.
  3. ^ [1]

External links

Montreal portal
Companies portal
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