Transat A.T. Inc. (Air Transat) (Montreal) has announced the signing of an agreement for the seasonal leasing of Boeing 737-800 narrow-body aircraft that will be supplied in winter by Transavia France, the Air France/KLM Group’s French leisure airline. The five-year pact is for four planes for the winter of 2015, five for 2016, six for 2017, seven for 2018 and eight for 2019. The aircraft, which will be operated by Air Transat.
This agreement follows from Transat’s already expressed decision to internalize narrow-body medium-haul operations, for which it has relied on a third-party partner since 2003, and to adopt a so-called “accordion fleet” strategy, which enables it to adjust the number of aircraft to the seasonal needs of the tourism market. On July 24, Transat announced an agreement with the U.S.-based International Lease Finance Corporation (ILFC) for the long-term leasing of four Boeing 737-800s, which will become the core of Air Transat’s permanent narrow-body fleet.
Air Transat: 
Filed under: Air Transat, Transavia Airlines (France) Tagged: Air Transat, Boeing 737-800, lease finance corporation, narrow body aircraft, Transavia Airlines (France)
