[4] François Legault founded Air Transat with other business partners such as Jean-Marc Eustache, Philippe Sureau, Lina de Cesare, Yvon Lecavalier, and Pierre Ménard.

Since 1 May 2009, Transat Tours Canada has chartered CanJet's Boeing 737 aircraft flying from Canadian cities to various destinations.

[17] A spokesman advised the Toronto Star that the company had been confirmed as the airline that would bring the second group to Canada on 21 December.

[20] In May 2017, Air Transat and Flair Airlines were accused by a CBC News story of misleading customers and regulators in Canada and Mexico by marketing and selling nonstop tickets between Edmonton and Cancun.

[21] In January 2020, Forbes Canada named Air Transat in its list of best employers, to eighth place nationally.

The deal required approval by two-thirds of shareholders; some major investors and some financial analysts stated that the offer is below the true value of the company.

[27] The same day, the Quebec Administrative Court of Financial Markets rejected the rival bid from Groupe Mach; on 23 August, a 95% majority of Transat's voting shareholders approved the $18 per share Air Canada proposal.

[30] The buyout had not closed by 13 October 2020, when the two parties agreed to a revised offer of $5 per share, reducing the total value of the acquisition to $180 million.

[33] British consumer site MoneySavingExpert named Air Transat as one of the worst-performing travel firms for refunding passengers whose flights or trips were cancelled.

[34] The regulation requires airlines to refund passengers whose flights are cancelled under any circumstances, including the COVID-19 pandemic; the report also noted that CAA's inquiries, while preparing the report, had resulted in Air Transat assuring it that all cash payments would henceforth be handled properly.