Go Back   AirlineFan.com Forums > General Discussion Forums > Airline Industry/News/Routes Forum
Register FAQ Members List Calendar Today's Posts

Airline Industry/News/Routes Forum Discuss all things airline or airline industry related.

Reply
 
Thread Tools Display Modes
  #1  
Old September 6th, 2007, 09:54
Henry Tenby's Avatar
Henry Tenby Henry Tenby is offline
Administrator
 
Join Date: Jul 2007
Location: Vancouver, Canada
Posts: 196
Default 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.
__________________
Henry Tenby, AirlineFan webmaster

www.AirlineTV.net - the airline video site
www.AirlineHobby.com - 100,000 airline slides for sale and auction
http://www.henrytenby.com/shop/ - aviation collectibles (books, DVDs, postcards, safeties, ephemera)
http://www.airlinefan.com/airline-ph...196/1960-1969/ - vintage airline photos
http://www.henrytenby.com/category/henry-tenby-blog/ - Henry Tenby aviation blog
Reply With Quote
Advertisement
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump


All times are GMT -7. The time now is 23:04.


Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2006-2015 AirlineFan.com All Rights Reserved.
Use of this Web site constitutes acceptance of the User Agreement
Ad Management by RedTyger