04:42 PM EDT, 03/18/2024 (MT Newswires) -- Transat A.T ( TRZBF ). (TRZ.TO) on Monday said it promoted Sebastian Ponce to chief revenue officer,

The leisure airline said Ponce will be responsible for "for the air network strategy, revenue management, and the development of airline alliances".

Ponce has been with Transat since 2018, most recently serving as Vice President, Program and Alliances.

"Sebastian joined Transat as part of its strategic transformation with the objective of defining our network for years to come. He has a strong track record and has demonstrated great potential in a number of ways. I am confident that he is the right person to continue implementing our growth strategy over the next few years," chief executive Annick Guerard said in a release.

The company's shares closed down C$0.13 to C$3.77 on the Toronto Stock Exchange.