Jean-Marc Eustache isn’t seeing red yet.The president and chief executive officer of tour operator Transat A.T. Inc. has a deep-pocketed new threat to watch out for: Air Canada’s low-cost carrier, Rouge.So far, though, Rouge’s arrival doesn’t appear to have done much damage to Montreal-based Transat’s performance. The summer of 2013 looks to have been an excellent one for Transat as travellers booked trips to key European destinations in large numbers while the company kept a lid on capacity and benefited from higher prices.
via Transat flying high despite competitor’s entry – The Globe and Mail.