Transat announces that Air Transat’s 320 pilots, represented by the Air Line Pilots Association (ALPA), have ratified an agreement-in-principle reached September 3 on the renewal of their labour contract. The new 48-month collective agreement will expire May 1, 2014.

 “We are happy with the agreement reached with our pilots, with whom we have always enjoyed excellent relations,” stated Allen B. Graham, President and CEO of Air Transat. “This agreement has been negotiated in the mutual interest of both parties.”

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