Air Transat seeking to reduce $20 million of costs from operations

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MONTREAL - Air Transat officials has begun a series of meeting with employees as it seeks $20 million in cost savings. Executives at the subsidiary of Transat AT (TSX:TRZ.B) met with employees at company headquarters in Montreal and say they will conduct additional sessions over the coming days in Toronto and Vancouver.

Organizations: Air Transat, Transat AT, TSX

Geographic location: MONTREAL, Toronto, Vancouver

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