Construction will start later this year with a targeted completion date of late 2024, the company says
Porter Aviation Holdings Inc. is betting it can pull off a renaissance at Montreal’s sleepy Saint-Hubert airport just like it did at Toronto’s Billy Bishop nearly two decades ago.
Located in Saint-Hubert, a borough of Longueuil, Que., the airport is one of three major airfields in the Montreal area. It used to be the region’s only airport but is perhaps best known these days as a centre for flight school training. The main commercial carrier there at the moment is Pascan Aviation, a regional airline serving Quebec.
Mr. Deluce is leading an aggressive shift in strategy at Porter that will see it take dozens of bigger aircraft into new markets in a major jet-powered push beyond its historic base at Billy Bishop. The company has ordered 100 Embraer E195 jets, which sit 132 people, a purchase worth US$7-billion at list prices. It has five of the new jets already and expects another 25 by the end of 2023, building on its roster of 78-seat De Havilland Dash 8 turboprop planes.
“The question for Porter was always ‘How do I grow?’ ” said Chris Murray, an equity analyst at ATB Capital Markets in Toronto. “There might be some initial skepticism for this latest plan. But you know, it’s an interesting way for them to be able to expand their network and their reach, and try to do it in a way to differentiate themselves from other carriers.”
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