• Air Transat has undergone a strategic shift towards a full-service carrier.
• The airline now offers a more diverse traffic profile.
• Air Transat has a strong fleet strategy with a mix of widebodies and narrowbodies.
• The carrier has a partnership with Porter Airlines to facilitate passenger transfer between their networks.

This transformation may indicate Air Transat's ability to adapt to changing market conditions and customer demands. The airline's focus on a hybrid model suggests a balance between low-cost and full-service offerings, which could benefit from the growing demand for premium economy products. The partnership with Porter Airlines may also enhance Air Transat's network capabilities and competitiveness in the Canadian market.