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September 20 2024 / 10:44 AM
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Transat
Transat to use Canada Emergency Wage Subsidy

April 16 - Transat A.T. Inc. announces today its intention to make use of the Canada Emergency Wage Subsidy and to propose that its 4,000 employees who are currently temporarily laid off return to employment.

 

On March 23, Transat announced the temporary layoff of 70% of its staff when it was forced by the COVID-19 pandemic to temporarily suspend its flights. Other layoffs followed, eventually totalling 80% of its workforce.

 

Employees who are recalled will receive 75% of their baseline remuneration as defined in Bill 14: A Second Act Respecting Certain Measures in Response to COVID-19, to a maximum of $847 per week. They will not be required to work as part of their recall.

 

This measure will both improve Transat employees’ compensation conditions and better position the company to more easily resume its regular operations following the crisis.

 

“Temporarily laying off a large majority of our employees was a necessary but heartbreaking decision,” said Transat President and Chief Executive Officer Jean-Marc Eustache. “We are very pleased today to be able to offer them this opportunity. Our employees are Transat’s greatest asset and I hope this will bring them some comfort in the face of a situation that is so distressing for all of us.”

 


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