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Porter Airlines to add new destinations from Toronto City Centre
TORONTO, Sept. 6 /CNW/ - Porter Airlines is growing its operations base
at Toronto City Centre Airport (TCCA) to accommodate increasing passenger levels as it prepares to begin service to New York and other destinations in 2008. Construction begins this month on an extended terminal, including three additional arrival and departure gates. The project is scheduled for completion by Dec. 31, with passenger areas continuing to feature leather lounge seating, complimentary wireless Internet access, beverages and snacks, while offering greater availability of computer work stations. "The terminal experience is a defining aspect of Porter, emphasizing convenience, service and sophistication," said Robert Deluce, president and CEO of Porter Airlines. "This growth is part of our original plan to serve at least 17 Canadian and U.S. destinations, and we will continue delivering on Porter's 'flying refined' promise as we enter new markets." Scott Associates Architects Inc. will continue the work they began on Porter's original TCCA terminal project. Scott Associates is a full-service architectural firm specializing in the design, planning and management of unique projects like airport complexes, office buildings and research and telecommunications facilities. BECC Construction Group is the project's contractor. BECC has developed its reputation as a leader in the construction industry through involvement in complex institutional projects, including for law enforcement, airport authorities and various medical health groups. Porter's terminal investment is driven by the airline's strong financial performance, including average monthly revenue growth of over 20 per cent since beginning flights October 23, 2006. June saw a net-profit margin of eight per cent. "Porter has been a well-financed company from the beginning and our most recent financial figures indicate that our business model is sound as we enter into the next phase of our development," said Deluce. "An eight per cent net income margin is among the strongest in the North American airline industry. With consistent revenue growth, our numbers will continue to exceed expectations and the next steps in our growth can be taken with confidence." About Porter Airlines Porter Airlines Inc. is a regional passenger carrier based at Toronto City Centre Airport. The airline currently serves Toronto, Ottawa, Montreal and Halifax.
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