Westjet and Transat agree to terminate air transportation agreement
Tags :
US,
Westjet,
air transportation agreement,
transat at
Transat AT and have mutually and amiably agreed to terminate an air transportation agreement initially contracted in 2003 and set to expire in 2010. The termination will take effect at the end of the current winter season on 10-May-09.
The agreement allowed tour operator Transat Tours Canada, a Transat business unit, to charter WestJet aircraft to sun destinations. Transat and WestJet may enter into an ad-hoc charter agreement that would see WestJet offer Transat charter flying in the future.
President of Transat Tours Canada and Executive Vice-President of Tour Operators of Transat, Nelson Gentiletti said, "This has been a mutually beneficial commercial partnership, but market conditions have evolved and we agreed that terminating the agreement was in he best interest of our respective shareholders.
WestJet Executive Vice-President Guest Experience and Marketing Bob Cummings said, "I am pleased that both companies have maintained a positive working relationship that will benefit both of us in the years to come, WestJet remains very confident of our capacity plan going forward. The success of our capacity deployment strategy has provided significant, profitable growth to US sun destinations as well as Mexico and the Caribbean. In addition, the success of WestJet Vacations combined with the current strength of the WestJet brand positions us for substantive positive growth over the next five years."
(c) Centre for Asia Pacific Aviation. Date posted: 16-Feb-09
For in-depth analysis of the low cost airline sector worldwide, subscribe now to the peerless Peanuts! Weekly
Other Westjet News |
Westjet and Transat agree to terminate air transportation agreement 
