Transat A.T. Inc. announces the signing of a leasing agreement for two Airbus A330s

Montreal, September 23, 2010

As part of its previously announced Air Transat fleet renewal program, Transat A.T. Inc. announces the signing of an agreement with CIT Aerospace for the long-term leasing of two Airbus A330 wide-body jets.

Air Transat’s fleet currently includes 13 Airbus A310s, which will be gradually withdrawn from service, and Airbus A330s. Five of the latter are currently in use, three more will be in operation by the end of this year and an additional three in 2011, including the two A330-200s announced today, bringing the total of A330s to eleven at the end of 2011.

About Transat

Transat A.T. Inc. is an integrated international tour operator with more than 60 destination countries and that distributes products in over 50 countries. A holiday travel specialist, Transat operates mainly in Canada and Europe, as well as in the Caribbean, Mexico and the Mediterranean Basin. Montreal-based Transat is also active in air transportation, destination services, accommodation and distribution. (TSX: TRZ.B, TRZ.A)