Air Transats Pilots and Flight Engineers Ratify Collective Agreement

Montreal, June 19, 2003

Air Transat’s pilots and flight engineers, represented by the Airline Pilot’s Association (ALPA), have ratified their new labour agreement, which covers 48 months and will expire November 1st 2005. The members voted in favour of the agreement today.“We are extremely pleased to have the agreement ratified today and we are convinced it will be beneficial for all parties involved,” stated Allen B. Graham, President and Chief Executive Officer of Air Transat.

About Air Transat
Air Transat offers departures from Canada to some 90 destinations in 25 countries. With a fleet of 15 aircraft, the airline is Canada’s leading vacation charter carrier. Air Transat is a subsidiary of Transat A.T. Inc., an integrated company specializing in the organization, marketing, and distribution of holiday travel.