Transat A.T. Inc. · TSX:TRZ
Transat A.T — Shareholder Meeting (March 2011)
33 slides from Transat A.T's shareholder meeting presentation, Mar 10, 2011
Slide 1: 2011 Annual and Special Meeting
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Slide 2: Jean-Marc Eustache and Denis Pétrin
JEAN-MARC EUSTACHE PRESIDENT AND CHIEF EXECUTIVE OFFICER DENIS PÉTRIN VICE-PRESIDENT, FINANCE AND ADMINISTRATION AND CHIEF FINANCIAL OFFICER 2
Slide 3: Agenda
BERNARD BUSSIÈRES VICE-PRESIDENT, GENERAL COUNSEL CORPORATE SECRETARY Agenda 1. Appointment of scrutineers 2. Scrutineers’ report and quorum 3. Election of Directors 4. Appointment of auditors 5. Shareholder Rights Plan 6. Chairman’s message 7. Financial report 8. Results of the vote 9. Question per
Slide 4: Appointment of Scrutineers, Scrutineers' Report and Quorum
APPOINTMENT OF SCRUTINEERS SCRUTINEERS’ REPORT AND QUORUM 4
Slide 5: Election of Directors
transat 2011 ANNUAL AND SPECIAL MEETING transat 2011 ANNUAL AND SPECIAL MEETING ELECTION OF DIRECTORS
Slide 6: Election of Directors
Election of Directors André Bisson , O. C. Chairman of the Board, CIRANO Chancellor Emeritus, Université de Montréal Election of Directors Lina De Cesare Advisor to the President, Transat A.T. Inc. 6
Slide 7: Election of Directors
Election of Directors Jean Pierre Delisle Corporate Director and Executor of Estates Election of Directors W. Brian Edwards Entrepreneur and Corporate Director 7
Slide 8: Election of Directors
Election of Directors H. Clifford Hatch Jr. President and Chief Executive Officer, Cliffco Investments Limited Election of Directors Jean-Yves Leblanc Corporate Director 8
Slide 9: Election of Directors
Election of Directors Jacques Simoneau Corporate Director Election of Directors Philippe Sureau Advisor to the President, Transat A.T. Inc. 9
Slide 10: Election of Directors
Election of Directors John D. Thompson Corporate Director Election of Directors Dennis Wood , O. C. President and Chief Executive Officer, DWH Inc. 10
Slide 11: Election of Directors
Election of Directors Jean-Marc Eustache Chairman of the Board President and Chief Executive Officer Transat A.T. Inc. ELECTION OF DIRECTORS 11
Slide 12: Appointment of Auditors; Shareholder Rights Plan
APPOINTMENT OF AUDITORS SHAREHOLDER RIGHTS PLAN 12
Slide 13: International tourist arrivals (world), 1995–2020
JEAN-MARC EUSTACHE PRESIDENT AND CHIEF EXECUTIVE OFFICER International tourist arrivals (world), 1995–2020 In millions of travellers 1800 1600 1400 + 7% - 4% 1200 935 877 1000 800 600 400 200 0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2
Slide 14: 2010 results
2010 results In millions of dollars Revenues Margin 3513 3545 3499 136.3 126.9 127.8 127.6 3046 2604 93.4 2006 2007 2008 2009 2010 2006 2007 2008 2009 2010 Winter 2010 Revenues $1.9 B 7.6% Operating loss $4.2 M Canadian travellers 1.1% 14
Slide 15: Summer 2010
Summer 2010 Revenues 1.6 G $ 7% Margin 131.8 M $ 110% Outbound from France In millions of € 4% 297 5% 285 202 212 2009 2010 2009 2010 15
Slide 16: 2010 Highlights
2010 Highlights Outgoing Tour Operator in Mexico Monterrey and area: potential market of 1 million travellers Air partners: – InterJet – Vivaaerobus 16
Slide 17: Mexico: a promising market
Mexico: a promising market Development of a new source market Natural tourism market to Canada Complements existing Transat operations 17
Slide 18: Fleet renewal and air capacity management
Fleet renewal 11 Airbus A330s Air capacity management Air Transat: 1.5 million travellers Purchase of seats on scheduled carriers Third-party partnerships 18
Slide 19: European market
European market 3 VACANCES transat LOoK VOYAGES (CUBS -,0uRs -cRCUTS 19
Slide 20: Canada: International tourist arrivals, 2002–2009
Canada: International tourist arrivals, 2002–2009 In Thousands of travellers 25,000 20,000 15,000 10,000 5,000 0 2002 2003 2004 2005 2006 2007 2008 2009 U.S. Other Source: Statistics Canada (non-resident international travellers staying more than one night in Canada) 98 th out of 133 taxes and airpo
Slide 21: The leading incoming tour operator in the country
The leading incoming tour operator in the country The leading incoming tour operator in the country 263,000 249,000 237,000 236,000 206,000 2006 2007 2008 2009 2010 Number of travellers 21
Slide 22: Transat: 4th largest tour operator in France
Transat: 4th largest tour operator in France Improved efficiency and integration Now grouped in Ivry-sur-Seine Mexico Turkey Morocco Peru 22
Slide 23: Corporate responsibility objectives and priorities
Corporate responsibility 10 objectives 52 priorities 125 initiatives Corporate Responsibility Report 23
Slide 24: Bienvenue
Bienvenue Combattre le tourisme sexuel impliquant des enfants : 24
Slide 25: 25
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Slide 26: A more flexible product offering
A more flexible product offering Modernization of information management systems Optimization of processes Product strategy adapted to trends Marketing and distribution The Transat brand and experience Differentiation strategy Enhanced customer experience Strengthened brand image 26
Slide 27: Growth
Growth Diversification of source markets Commercial development in Ontario Vertical integration at destination Hotel operations JEAN-MARC EUSTACHE PRESIDENT AND CHIEF EXECUTIVE OFFICER 27
Slide 28: Winter (November 1 to April 30)
DENIS PÉTRIN VICE-PRESIDENT, FINANCE AND ADMINISTRATION AND CHIEF FINANCIAL OFFICER Winter (November 1 to April 30) Revenues Margins (in millions of dollars) (in millions of dollars) 2,006 30.6 1,853 353 309 1,653 1,543 (4.2) Americas Europe 2009 2010 2009 2010 28
Slide 29: Summer and Consolidated Results
Summer (May 1 to October 31) Revenues Margins (in millions of dollars) (in millions of dollars) 1,645 1,539 131.8 621 640 53.8 62.7 1024 33.3 899 78 29.4 2009 2010 2009 2010 Americas Europe Consolidated Results (in millions of dollars, except per-share amounts) 2010 2009 REVENUES 3,499.0 3,545.3 MAR
Slide 30: First quarter results and Consolidated Balance Sheet
First quarter (November 1 to January 31) (in millions of dollars, except per-share amounts) 2011 2010 REVENUES 810.2 792.6 MARGIN (OPERATING LOSS) (14.6) (12.4) NET LOSS (13.5) (13.9) ADJUSTED AFTER-TAX LOSS (19.4) (18.2) LOSS PER SHARE (DILUTED) (0.36) (0.37) Consolidated Balance Sheet, as at Janua
Slide 31: Denis Pétrin
DENIS PÉTRIN VICE-PRESIDENT, FINANCE AND ADMINISTRATION AND CHIEF FINANCIAL OFFICER 31
Slide 32: Results of the Vote; Questions from Shareholders
RESULTS OF THE VOTE QUESTIONS FROM SHAREHOLDERS 32
Slide 33: Adjournment of Meeting
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