The little airline that grew: How a budget airline became the fifth largest travel operator in the world



    Interview Opportunities from the March Report on Business magazine.

    TORONTO, Feb. 27 /CNW/ - Defying the odds in a country where launching an
airline often means bankruptcy, Montreal's Transat started out as a cheap
charter service spiriting sun-starved Canadians away for some winter respite.
Today, the world's fifth largest air travel operator handles a whopping 2.5
million vacationers in Canada. In the March issue of Report on Business,
available on Friday, February 29, writer John Lorinc offers an inside
perspective on Transat's ruling troika led by CEO Jean-Marc Eustache.
Ironically, Eustache is a dedicated homebody who doesn't like to fly.

    Also in the March issue:

    The exhibitionists - Almost every significant cultural tourism project
around the world has an indelible Canadian imprint, thanks to Toronto's Barry
and Gail Lord. The two have worked on The Guggenheim Museum in Bilbao,
Manchester's Lowry, and the Louvre to mention a few. Report on Business writer
Joanna Pachner tells how the Lords have turned musty museums, derelict ports
and shipyards into economically viable, cultural tourist hot spots. Their
latest assignment is helping the $30 billion transformation of Abu Dhabi into
the Middle East's Crown jewel.

    Waiting for the "new Nortel" - In 2005, visionary CEO Mike Zafirovski and
his "Z" team set out to get Nortel back on track but investors and analysts
are still waiting for the "new Nortel." Globe and Mail writer Catharine McLean
examines how an endless chain of embarrassments and the changing landscape of
telecommunications are conspiring against Canada's once darling tech boom
superstar.

    A lone ranger - Billionaire Seymour Schullich has always been on the
frontier of business. In this issue, he shares his thoughts on politics,
cinema and the way the West was really won.

    Legal drop outs - No matter how much they pay, law firms just can't hang
on to their young female associates. Report on Business publishes an excerpt
from Susan Pinker's new book The Sexual Paradox and explains why.

    Report on Business magazine is Canada's most-read business publication.
Published on the last Friday of every month in The Globe and Mail, Report on
Business magazine offers readers insightful, award-winning coverage of
Canadian and global business and economics. The Globe and Mail is a division
of CTVglobemedia, a dynamic multimedia company that also owns CTV, Canada's
leading private broadcaster.





For further information:

For further information: and to arrange an interview, please contact:
Teresa Pagnutti, tpagnutti@environicspr.com, (416) 969-2721

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