04:49:44 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Transat AT Inc
Symbol TRZ
Shares Issued 38,595,923
Close 2024-02-01 C$ 4.26
Market Cap C$ 164,418,632
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Globe/wire say Transat workers reject tentantive deal

2024-02-02 08:24 ET - In the News

The Globe and Mail reports in its Friday edition that Air Transat flight attendants rejected a new tentative agreement with the Canadian leisure carrier, their union said on Thursday, as North American cabin crews are demanding steep pay gains at a time of strong travel demand. A Reuters dispatch to The Globe says that 82 per cent of the votes cast opposed the new agreement, rejecting an Air Transat proposal for a second time, according to CUPE, the union representing 2,100 cabin crew members at the Montreal-based airline. Meanwhile, flight attendants at Alaska Airlines are voting through Feb. 13 on whether to give authorization for their union to strike for the first time in decades. Transat flight attendants have voted in favour of renewing a strike mandate that had expired on Jan. 23. No strike or lockout notices have been issued yet by either party. Transat said negotiations will resume in the next days and operations will continue as planned. Cabin crews at carriers in Canada and the United States are demanding to be paid for more of their hours at work. Remuneration for hours worked on the ground before takeoff and after landing as well as the question of onboard staffing were the main sticking points, CUPE said.

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