Humberside From United Kingdom, joined Dec 2005, 4949 posts, RR: 4 Posted (9 years 10 months 2 weeks 5 days ago) and read 5681 times:
It has been reported on pprune that Air Transat's parent company has bought Canadian Affair, the UK-Canada tour operator than mainly uses TCX for its flights. Clearly a response to Globespan starting to operate some of their UK-Canada flights using their own airline, FlyGlobespan and not Air Transat
However will Air Transat stop all work for Globespan before GSM have enough planes to take over all existing Air Transat flights for Globespan?
DFORCE1 From Canada, joined Jul 2005, 506 posts, RR: 0
Reply 1, posted (9 years 10 months 2 weeks 4 days 19 hours ago) and read 5526 times:
Does this mean all Canadian Affair flights will now be operated by Air Transat? Does Canadian Affair actually offer flights year round between London and Canada? It says it does on their website but when I try to search for flights, none appear.
Captaingomes From Canada, joined Feb 2001, 6413 posts, RR: 54
Reply 8, posted (9 years 10 months 2 weeks 4 days 10 hours ago) and read 5249 times:
It would make sense to see TS continue to grow their wide-body fleet. However, Transat is not against using using capacity from other airlines where they see fit, so it's not necessarily the case that we will stop seeing MYT or TCX do flights to Canada on behalf of Canadian Affair. As I stated above, it would really be a shame to see the 35" seat pitch 757's stop flying between Canada and the UK. I flew them this summer, and it would be my first choice between the lower cost charter options.
"it's kind of like an Airbus, it's an engineering marvel, but there's no sense of passion" -- J. Clarkson re: Coxster
DFORCE1 From Canada, joined Jul 2005, 506 posts, RR: 0
Reply 11, posted (9 years 10 months 2 weeks 3 days 18 hours ago) and read 5003 times:
In light of the fact that Air Transat Holidays constantly uses WJ737's, I don't think we can expect to see My Travel or Thomas Cook going anywhere any time soon. I don't think Air Transat has a large enough fleet to operate all of the flights unless they plan on pushing their last 2 L1011's back into service. I think management will monitor traffic patterns and if they see sufficient demand continuing, Air Transat may look at acquiring more wide bodies which will eventually eliminate the need for My Travel and Thomas Cook. However, I highly doubt that they will ever eliminate the Canadian Affair brand - the brand in the UK is far too strong and well recognized. They would be foolish to replace it with Air Transat Holidays.
BWIA330 From Canada, joined Jan 2001, 922 posts, RR: 0
Reply 13, posted (9 years 10 months 2 weeks 3 days 14 hours ago) and read 4917 times:
Keeping in mind it's Air Transat's parent company Transat AT that has done this aquisition. I doubt Thomas Cook or My Travel is going anywhere. Transat Holidays may have seats next year on these flights, just like Sunquest Vacations, but this does not mean that the flights will be operated by Air Transat.
Thomsonfly From United Kingdom, joined Jul 2005, 229 posts, RR: 4
Reply 15, posted (9 years 10 months 2 weeks 2 days 11 hours ago) and read 4726 times:
Rumours have been flying around (excuse the pun) for ages here at TCX that we have lost, or indeed wont renew the CA contract for summer 2007. This would mean the end of our fantastic 187Y product. Feedback from these flights are always positive and do give TCX a fantastic reputation on the transatlantic market, especially from outstations like BHX and GLA. Nothing has been issued offically around the airline anyway so guess we are just going to have to wait and see.... also, been interesting to note a fair few of our flight deck have swapped the controls of TCX for VS aircraft at recent, two have left from my base alone, and heard we've lost more from larger bases with VS having expansions plans ex MAN and a good heavy profile obviously from LHR and LGW... So any budding recruits you know where to send ya CV!
Humberside From United Kingdom, joined Dec 2005, 4949 posts, RR: 4
Reply 16, posted (9 years 10 months 2 weeks 2 days 6 hours ago) and read 4669 times:
While the odd flight will may be operated by other airlines, surely Air Transat will do most of the Canadian Affair flying. The main reason for this deal was surely to ensure Air Transat still had UK-Canada flying with Globespan moving their flights to FlyGlobespan
Speedbird19 From United Kingdom, joined Sep 2005, 449 posts, RR: 3
Reply 17, posted (9 years 10 months 2 weeks 1 day 22 hours ago) and read 4556 times:
Air Transat will NOT be doing all of the Canadian Affair flights. Everything will remain the same, maybe a slight decrease in the amount of TCX Canadian Affair flights. However, the majority of pax choose Canadian Affair because of the aircraft that have a specific config for the flights, such as G-FCLJ with the 187Y config, with the removed rows pax get more leg room and as such it's more favourable. TSC are going to have to do something with their a/c if they want to attract as many pax as Canadian Affair do now.
Jamesontheroad From United Kingdom, joined Jul 2005, 600 posts, RR: 1
Reply 18, posted (9 years 10 months 2 weeks 1 day 19 hours ago) and read 4489 times:
Quoting Speedbird19 (Reply 17): However, the majority of pax choose Canadian Affair because of the aircraft that have a specific config for the flights, such as G-FCLJ with the 187Y config, with the removed rows pax get more leg room and as such it's more favourable. TSC are going to have to do something with their a/c if they want to attract as many pax as Canadian Affair do now.
I certainly hope that this is the case... a few inches of legroom in a narrow body for everyone makes for a completely different kind of charter: Transat would be very foolish not to take a lead from CA's offering...
Quote: Transat A.T. Inc. acquires British tour operator Canadian Affair
"Acquisition in line with strategic plan, helps Transat build
multi-channel distribution system in the UK"
- Transat CEO Jean-Marc Eustache
MONTREAL, July 14 /CNW Telbec/ - Transat A.T. Inc., one of the largest
integrated tourism companies in the world and Canada's holiday travel leader,
has signed an agreement that will lead to Transat acquiring all of the shares
of British tour operator The Airline Seat Company (TASC), which operates under
the Canadian Affair brand, for 20.4 million pnds stlg in cash (approximately
C$42.8 million). Closing is expected to take place at the end of this month.
"Transat, which already sells a significant number of seats between
Canada and the U.K., thus becomes a tour operator in Canada's largest tourism
market in Europe," said Jean-Marc Eustache, President and Chief Executive
Officer of Transat A.T. Inc. "This acquisition squares perfectly with the
strategic plan we adopted in 2005 that states our intention to expand the
scope of Transat as an outgoing tour operator in Europe, building on our
already significant position in France."
"In addition, TASC is very strong on direct sales to the consumer, which
represent the fastest growing market segment in the U.K. This considerably
enhances the strategic value of this acquisition by reinforcing the full-
fledged multi-channel distribution system we are building in the U.K. More
than 80% of TASC's sales are direct to the consumer, of which more than 50%
are made online," added Mr. Eustache.
Anette Rayner, one of the two TASC founders and shareholders and also its
Managing Director, is excited about the acquisition and the enormous potential
that this presents. Ms Rayner said: "This deal is a credit to the success of
TASC over the past 11 years and it meets all our strategic objectives. The
management team and staff will work tirelessly to maximize the strategic
synergy and other opportunities this deal affords. Our clients will be the
first to benefit from our alliance with a major player in the international
tourism market and we will continue to deliver the highest quality of products
and customer service that we have become renowned for". Ms Rayner, who has
over 25 years experience in the industry, the senior management team and the
workforce will remain in place.
The sale to Transat represents the next stage in TASC's long-term growth
strategy and provides substantial synergies between the two companies.
Established in 1995, TASC is one of the largest British tour operators
specializing on U.K.-Canada routes, with annual sales of approximately
75 million pnds stlg (approximately C$155 million). Its head office is in
London and it has offices in Glasgow (Scotland) and Vancouver (Canada). TASC
has more than 60 employees. It serves seven Canadian destinations. In 2004 and
2005, TASC was recognized by the Canadian Tourism Commission as the best
direct sale tour operator in the U.K.
Transat is already very active in Europe. In conjunction with sister
companies Nolitours and Transat Holidays, wholly owned Transat subsidiary Air
Transat is offering direct flights between several Canadian cities and
30 European destinations in 10 countries this summer, more than any other
Canadian carrier. The U.K. alone represents 200,000 return seats. Air Transat
flies to London, Birmingham, Edinburgh, Exeter, Glasgow, Manchester, Newcastle
and Belfast, as well as Shannon and Dublin in the Republic of Ireland. In
addition, Transat offers French travellers holiday packages in the
Mediterranean Basin, the Caribbean, Europe and North America through its tour
operators Vacances Transat France and Look Voyages, as well as numerous other
destinations through its travel agencies. Transat also caters to international
tourists in Greece through incoming tour operator Tourgreece.
Transat A.T. Inc., with its head offices in Montreal, is an integrated
company specializing in the organization, marketing, and distribution of
holiday travel. The core of its business consists of tour operators in Canada,
France and now the United Kingdom. Transat is also involved in air
transportation, value-added services at travel destinations, as well as in
distribution through travel agency networks. Transat is listed on the Toronto
Stock Exchange (TSX: TRZ.B; TRZ.A)
Financial analysts and media are invited to participate in a conference
call with Jean-Marc Eustache, President and Chief Executive Officer of
Transat, today, July 14 at 11.00 AM (Eastern). Please dial (514) 868-1042 or
1-866-898-9626 (North America) or 800-9559-6853 (international toll free).
For further information: In Canada: Sylvain-Jacques Desjardins,
(514) 987-1660 ext 4509, firstname.lastname@example.org; In the UK:
Nick Lambert, Bell Pottinger Corporate and Financial PR,
(011) 44 20 7861 3232, email@example.com; Source: Transat A.T.