09:18:59 EDT Tue 07 May 2024
Enter Symbol
or Name
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CA



Transat AT Inc
Symbol TRZ
Shares Issued 38,533,494
Close 2023-12-15 C$ 3.53
Market Cap C$ 136,023,234
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Transat, Plusgrade to offer Club Class upgrade

2023-12-18 11:39 ET - News Release

Ms. Michele Barre reports

PLUSGRADE AND AIR TRANSAT UNITE TO ENHANCE PASSENGER TRAVEL WITH UPGRADE EXPERIENCES

Plusgrade, the global leader powering ancillary revenue solutions for the travel industry, has formed a partnership with Transat A.T. Inc.'s Air Transat to enhance their passengers' journey. Plusgrade will power a new product that allows Air Transat passengers to purchase an upgrade to Club Class and enjoy maximum comfort in an exclusive cabin, with gourmet meals and priority airport services.

Air Transat economy class ticket holders now have multiple opportunities to upgrade to the exclusive experience of Club Class. On eligible flights, passengers can place a bid for a Club Class upgrade up to 26 hours before departure. Additionally, passengers can also opt for an instant upgrade during on-line check-in, available 24 hours prior to departure.

"Airlines are increasingly looking for innovative ways to upgrade the traveller experience while boosting ancillary revenues," said Ken Harris, founder and chief executive officer of Plusgrade. "We are thrilled to partner with Air Transat and integrate seamlessly into their customer journey. Together, we will drive great experiences for their travellers." Plusgrade's integration of the upgrade product is fast and easy. It is built to ensure there is no impact to the passenger check-in journey while allowing Air Transat to merchandise available inventory within a responsive, dynamic platform.

"We're thrilled to join forces with Plusgrade to bring turnkey solutions to our valued passengers," said Michele Barre, chief revenue officer. "We believe that travel should be comfortable and memorable, and this partnership allows us to deliver enhanced experiences that will delight our customers before their journey even begins."

The partnership between the two Montreal-based companies signifies a thriving and innovative Canadian travel market. In fact, Air Transat was named the world's best leisure airline by the Skytrax's 2023 World Airline Awards, and Plusgrade was named the top technology provider in the ancillary revenue space by OAG as it continues to scale across the global travel industry, generating billions of dollars in new revenue opportunities for its partners.

About Air Transat

Founded in Montreal 36 years ago, Air Transat is a leading travel brand voted world's best leisure airline by passengers at the 2023 Skytrax World Airline Awards. Its program offers access to international destinations, mainly in Europe, the Caribbean, the East and West coasts of the United States, South America, and North Africa. Air Transat is recognized for its excellent customer service. By renewing its fleet with the most energy-efficient aircraft in their category, Air Transat is committed to a more sustainable travel industry. Based in Montreal with major hubs in Montreal-Trudeau International Airport (YUL) and Toronto Pearson Airport (YYZ), it has near 5,000 employees with a common purpose to bring people closer together. Air Transat is a business unit of Transat A.T.

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