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December 28, 2007
TRANSAT REPAID $10.8M IN COMMERCIAL PAPER SECURITIES
Canadian Press
Transat A.T. Inc. said it had been repaid $10.8 million out of $11 million face
value that it held in the Skeena Capital Trust, one of several conduits for non-bank asset-backed commercial paper (ABCP) that froze up in August. ABCP securities are short-term corporate loans that have been entangled in the global credit crunch traced back to the collapse of the U.S. subprime mortgage market.
U.S. PASSPORT REQUIREMENTS DELAYED
Canadian Press
Final approval of a massive $555-billion budget bill in the United States means that Canadians travelling by land or sea won't need a passport to enter the U.S. until at least June 1, 2009. The 18-month delay of the passport requirement was contained in the budgetary spending bill passed last week by both houses of Congress and signed into law on Wednesday by U.S. President George W. Bush. The requirement is part of a U.S. law known as the Western Hemisphere Travel Initiative.
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Hilary Genders
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Awards of merit 2007
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SIGNATURE BRINGS SANTA TO WINNIPEG KIDS
North Pole Express delivers Christmas cheer to inner-city children
Children onboard the North Pole Express
Laughter, smiles and the occasional scream of excitement were all a part of Signature Vacations’ fifth annual North Pole Express, held on December 18 in Winnipeg. Partnering with the Winnipeg Airport Authority and Skyservice Airlines, Signature took to the skies with 160 children, teachers and chaperones in search of the “North Pole”. The event gave inner-city children between the ages of six and twelve the opportunity to fly onboard a Boeing 757 and meet Santa Claus at 22,000 feet. [Full text and pictures]


AIR CANADA/AIR CANADA VACATIONS LAUNCH NEW YVR-MEXICO FLIGHTS
Ixtapa, Los Cabos/Cabo San Lucas non-stops from Vancouver among seven new sun destinations launched Canada-wide
Ixtapa
Air Canada and Air Canada Vacations have launched new non-stop flights from Vancouver to two popular Mexican destinations, Ixtapa and Los Cabos/Cabo San Lucas. The Ixtapa service, which launched on December 22, will depart every Saturday until April 5, 2008. All flights are operated onboard 120-seat Airbus A319 aircraft, offering a choice of Executive Class or Economy service. The inaugural Vancouver-Los Cabos/Cabo San Lucas service departed the following day, December 23. The  flight will depart every Sunday until March 30, 2008, also using the Airbus A319 aircraft. [Full text and pictures]


MILLION-DOLLAR SCRATCH & WIN WITH SUNQUEST
Agents can win vacations, luggage and gift cards when booking Southern Sun air-only or package vacations until Jan. 31, 2008
Sunquest Vacations yesterday launched an online Scratch & Win promotion that guarantees agents a prize – including vacations, luggage sets, gift cards and one of 35 vacations – each time they participate. Running through until 9 p.m. (PST) on Jan. 31, 2008, agents booking a Southern Sun air-only or package vacation for their clients can log on to Sunquest’s dedicated agent website to play the game. Prizes include five-piece sets of Samsonite luggage, Heys xcases, Sears gift cards (valued at a minimum $25 per play) and 35 all-inclusive vacations for two. [Full text and pictures]

GROUPS INCENTIVES FROM ENCORE CRUISEESCAPES
16% commission, free berth & free air seat when booking a group on Monarch Classic Cruises for 2008
Monarch Classic Cruises' MSC Sinfonia
Encore CruiseEscapes is offering agents several groups incentives on all 2008 departures on Monarch Classic Cruises. Along with earning 16 per cent commission on all groups (when a minimum of eight staterooms are booked, double occupancy), agents booking 15 full-paying guests, the 16th berth is free. Agents adding Encore CruiseEscapes’ air to the cruise booking (minimum 15 full-paying guests), the 16th seat is also free. Escorted Cruise Tours will also offer valuable deals for groups. [Full text and pictures]

INSIGHT VACATIONS CANADA WINS BIG
Insight Vacations’ Canada office named #1 worldwide in 2007
The Insight Vacations Canada office with their trophy
Thanks in large part to the efforts of travel agents across Canada, Insight Vacations Canada was named Office of the Year from among all the company’s worldwide offices, including the U.S., UK, Australia and Singapore. For the past four years, Insight has set new records in the Canadian market each year, with near sell-out on available inventory. Pictured celebrating the honour are, top row, left to right: Doug Patterson, President; Brad Gibson, Regional Sales Manager, Alberta; Dorothy Switalska, Regional Sales Manager, Eastern Ontario, Quebec and Atlantic Provinces; Melissa Heath, Regional Sales Manager, GTA & Northern Ontario; and Mariela Castro, Marketing Manager. Bottom row (l to r):  Claire Rottare, Sales & Marketing Manager BC/YT/NT; Amanda Warman, Regional Sales Executive, Southwestern Ontario.

CATS SEMINARS FROM TREK
Learn more to earn more as a Certified Adventure Travel Specialist
Trek Holidays has announced the dates for its 2008 series of the Certified Adventure Travel Specialist (CATS) program. This full-day seminar is designed to teach agents the key destinations for adventure travel, why people choose these destinations, their key selling features and the options available for travel. Among the benefits CATS agents will receive: increased commission to 13 per cent minimum, override commissions up to an extra two per cent, six approved credits towards CTC, fam benefits and agent discounts, sales leads from the Trek Holidays website and more. Registration is $55; all sessions run 9 a.m. to 5 p.m., with lunch and coffee breaks provided. Read on for details, dates and locations. [Full text and pictures]

SALES TEAM
• Toronto:

Caroline Jacobs
(416) 907-7524#200
Email

• Montreal:

Karine Lefebvre
(450) 689-5060#226
Email

• Vancouver :
Steve Klein
(604) 699-9990#327
Email
Stephen Fountaine
(250) 861-9006
Email
SIGNATURE'S CRAZY 8 SALE
Signature Vacations has gone crazy with winter pricing for all its Canadian Gateways. Book until Jan.4, 2008 for travel between Dec. 22, 2007 and Apr. 30, 2008 to take advantage of amazing rates such as $1,088 plus taxes for Jan.10 departure from Vancouver to the Allegro Papagayo in Costa Rica; $1,098 plus taxes for Jan. 8 departure from Calgary to the Sandos Caracol Beach Resort & Spa in the Mayan Riviera, Mexico; $848 plus taxes for Jan. 12 departure from Edmonton to the Canto Del Sol Plaza Vallarta in Puerto Vallarta, Mexico; $1,088 plus taxes for February 17 departure from Winnipeg to the Samba Vallarta by Pueblo Bonito in Puerto Vallarta, Mexico; and $888 plus taxes for Jan. 31 departure from either Regina or Saskatoon to the Holiday Village Golden Beach in Puerto Plata, Dominican Republic.
ITALIAN ECONOMY MINISTER BACKS AIR FRANCE/KLM BID
Canadian Press
Italy's economy minister said Friday he is backing Air France-KLM as the preferred bidder for the government's stake in Alitalia. Tommaso Padoa-Schioppa, speaking after a cabinet meeting, said the talks would last eight weeks and be conducted by the company's management. The Economics Ministry holds a 49.9 per cent stake in the airline.

 
      
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