Signs conditional purchase order for up to 30 Bombardier CS100 aircraft, 6
Q400 NextGen aircraft
Seeks support of City of Toronto, Federal Government, Toronto Port Authority
TORONTO, April 10, 2013 /CNW/ - Porter Airlines has signed a conditional
purchase order for 12 Bombardier CS100 aircraft, with options for an
additional 18 CS100 aircraft. The agreement also includes purchase rights for
six Q400 NextGen aircraft. Delivery of Porter's first CS100 aircraft would be
Porter Airlines confirms it is the unidentified, Americas-based customer that
signed a Letter of Intent (LOI) for CS100 aircraft as announced by Bombardier
on December 19, 2012. The LOI was recently converted to a conditional purchase
agreement. The total purchase value could reach $2.29 billion US, if all
options and purchase rights are exercised.
"We have determined that the CS100 airliner with a 107 seat configuration is
the ideal aircraft to operate from our home base at Billy BishopToronto City
Airport and will make it possible for Porter to open up new destinations, such
as Vancouver, Edmonton, Calgary, Winnipeg, Los Angeles, Florida and the
Caribbean," said Robert Deluce, president and CEO of Porter Airlines.
"Bombardier has developed an environmentally friendly, state-of-the-art
aircraft that will have a comparable sound level to our existing quiet Q400
turboprops, and offer passengers wider seats, larger windows and more baggage
Porter flew its first flight in October 2006, and now serves 19 regional
destinations in central, eastern and Atlantic Canada, plus the Midwest and
mid-Atlantic in the U.S. Porter has created 1,400 direct jobs, with
approximately 80 per cent in the Toronto area. Another 1,000 jobs at Porter
are possible through the addition of these new aircraft.
In October 2012, the Toronto Port Authority released an economic impact study
indicating that Billy BishopToronto City Airport produces nearly $2 billion a
year in economic benefits for the Toronto.
"Porter Airlines is proud of everything it has accomplished in almost seven
years of operation," said Donald Carty, chair of the board of Porter Airlines.
"We have a proven track record as a responsible and responsive airline
operator and a good neighbor. We believe opening up these new, longer-range
destinations will have a positive effect on Toronto's economy and
competiveness, stimulating new business and tourism interest in our city."
"We are tremendously excited at the possibility of opening up these new
destinations and being able to offer highly competitive fares on these
routes," said Deluce. "In order to proceed, we require the support of the
signatories to the Tripartite Agreement that has governed Billy BishopToronto
City Airport since 1983: the City of Toronto, Government of Canada, and
Toronto Port Authority."
Porter Airlines will shortly be requesting the tripartite parties consider two
amendments that would allow the operation of the CS100 aircraft at Billy
BishopToronto City Airport. The first consideration is permitting use of this
model of jet aircraft, while the second consideration is a modest 168 meter
extension into water at each end of the existing main runway. This can be
accommodated without changes to existing marine boundaries.
"Thirty years ago, when the Tripartite Agreement came into effect, jets were
noisy and not particularly environmentally friendly," said Deluce. "We chose
the Bombardier CSeries aircraft because they are the world's quietest
commercial jets in production. The CS100 jetliner is ideal for operation at
downtown urban airports, is comparably quiet to our existing Q400 aircraft
fleet, uses less fuel per seat than many modern compact cars, and creates up
to 50 per cent lower emissions than similar aircraft.
"We are delighted that with the CS100's performance capabilities, Porter can
serve destinations across North America while staying within the airport's
current boundaries and not affecting the boating community's use of the
"This is an exciting and proud moment for the CSeries aircraft program as it
welcomes its first Canadian customer. We are thrilled that Porter Airlines
continues to look to Bombardier aircraft for its growth requirements and with
its selection of the CS100 jetliners, this award-winning airline will continue
with greener, quieter flying - courtesy of an all-Bombardier fleet," said Mike
Arcamone, president, Bombardier Commercial Aircraft. "The CS100 aircraft
offers superb cabin and performance flexibility. It has transcontinental
range, superior field performance, including excellent runway performance, and
will contribute greatly to Porter Airlines sustainability and future growth.
We look forward to seeing the technologically-advanced CSeries aircraft take
to the skies in Canada and its neighbouring regions."
"We're looking forward to open, transparent and productive discussions with
all three parties on this exciting opportunity," said Deluce. "This is an
important step for Porter and good news for Toronto and the travelling public."
Further details are available at porterplans.com.
About Porter Airlines
Porter Airlines has revolutionized short-haul flying with a warm and
effortless approach to hospitality, restoring glamour and refinement to air
travel. Porter is an Official 4 Star Airline® in the World Airline Star
Rating® by Skytrax, and rated second in the world in Condé Nast Traveler's
Readers Choice Awards Top Small Airlines category.
The airline currently offers flights to Toronto, Ottawa, Montreal, Quebec
City, Moncton, Halifax, St. John's, Thunder Bay, Sault Ste. Marie, Sudbury,
Timmins, Windsor, New York (Newark), Chicago (Midway), Boston, Washington
(Dulles) and has seasonal flights to Mt. Tremblant, Que., Myrtle Beach, S.C.,
and Burlington, Vt.
Visit www.flyporter.com or call (888) 619-8622 for more information.
Bombardier, CS100, CSeries, NextGen and Q400 are trademarks of Bombardier
Inc. or its subsidiaries.
Media note: Porter representatives will be available for interviews as of
approximately 2 p.m., at the conclusion of today's event.
Media contact: Brad Cicero, Porter Airlines, (416) 619-8593 / (416) 629-5590
Image with caption: "Porter Airlines announced a conditional order on April
10, 2013, for up to 30 Bombardier CS100 aircraft to operate from Billy Bishop
Toronto City Airport, making it possible to serve destinations such as
Vancouver, Calgary, Edmonton, Winnipeg, Los Angeles, Florida and the
Caribbean. These whisper jets are environmentally friendly and
state-of-the-art aircraft with a comparable sound profile to Porter's existing
quiet Bombardier Q400 turboprops. (CNW Group/Porter Airlines Inc.) (CNW
Group/Porter Airlines Inc.)". Image available at:
SOURCE: Porter Airlines Inc.
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CO: Porter Airlines Inc.
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-0- Apr/10/2013 15:00 GMT
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