In recent months, Porter Airlines has been preparing for an expansion that could shake up the Canadian airline industry, doubling its fleet size over the summer, and new plans to operate from YYZ, YOW, YUL, and YHZ. The airline’s CEO, Michael Deluce, says that it has paid CAD $5.8b for as many as 80 Embraer E195-E2 jets to take the company to include sun destinations in Mexico and the Caribbean in 2022. “This is an investment in our future. Some of our larger competitors have lost billions in ways that will permanently impair their business going forward, and that leaves an opening for us,” he said. “We’re going to deliver a superior product.” Whether or not Porter can compete with the other large airlines in the Canadian industry remains to be seen, but Deluce says his company can offer competitive prices and better services. “We have deep pockets to make sure we can expand into a competitive environment,” he told the Star.
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