Air Transat president resigns after five years at the helm of the airline

MONTREAL — The president of Air Transat is leaving the airline after five years at the helm.

Tour company Transat A.T. Inc. announced Friday that Jean-Francois Lemay will leave the subsidiary in a few months.

Lemay, who has been with the company for seven years, is leaving to “take on new challenges,” chief operating officer Annick Guerard says in a release.

A successor hasn’t been selected.

Lemay oversaw a series of changes, including reducing air costs, transforming the fleet and installing a new senior management team.

Montreal-based Air Transat flies to about 60 destinations in 26 countries.