Air Transat president resigns after five years at the helm of the airline

MONTREAL – The president of Air Transat is leaving the airline after five years at the helm.

Tour company Transat A.T. Inc. announced Friday that Jean-Francois Lemay will leave the subsidiary in a few months.

Lemay, who has been with the company for seven years, is leaving to “take on new challenges,” chief operating officer Annick Guerard says in a release.

A successor hasn’t been selected.

Lemay oversaw a series of changes, including reducing air costs, transforming the fleet and installing a new senior management team.

Montreal-based Air Transat flies to about 60 destinations in 26 countries.

Companies in this story: (TSX:TRZ)

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