Air Transat and its pilots, represented by the Airline Pilot's Association (ALPA), have concluded negotiations pertaining to a new labour agreement. The agreement, which covers 48 months and would expire on May 1, 2014, will be voted on for ratification in the coming weeks by the members.

“Air Transat has always maintained excellent labour relations with its employees and union representatives, and we are satisfied with the present agreement,” stated Allen B. Graham, President and CEO of Air Transat.

Air Transat is Canada’s leading holiday travel airline. It carries some 3 million passengers annually to nearly 60 destinations in 25 countries. Air Transat has a fleet of 18 Airbus A330s and A310s. The company employs approximately 2,000 people. Air Transat is a subsidiary of Transat A.T. Inc.

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, accommodation, destination services and distribution. (TSX: TRZ.B, TRZ.A)