Ten more E195-E2 aircraft on the way for Porter Airlines

TORONTO — Porter Aircraft Leasing Corp., a wholly-owned subsidiary of Porter Aviation Holdings Inc., has agreed to sale and leaseback financing with Avolon for 10 Embraer E195-E2 aircraft.

These aircraft will begin deliveries later in 2023 and be operated by Porter Airlines as part of a previously announced confirmed order for 50 E195-E2s and the option to purchase 50 additional aircraft. Eleven E195-E2s are flying with Porter today.

“The E2 is an incredible addition to Porter’s fleet, offering best-in-class seat cost economics and providing an ideal platform to deliver the truly differentiated in-flight economy passenger experience that Porter is known for. This means treating everyone with care and offering complimentary amenities like WiFi, and beer and wine served in glassware throughout the cabin,” said Jeffrey Brown, Executive VP and CFO, Porter. “We are excited to partner with Avolon and value their reputation and expertise in aircraft leasing, which makes them an ideal new partner.”

Porter is currently operating the E195-E2 on routes from coast-to-coast in Canada. Porter is continuing with its expansion plans, first announced back in July 2021, that will build out its North American network with the addition of more destinations in Canada, the U.S., Mexico and Caribbean.

Earlier this week Porter announced it was expanding its wings to Winnipeg, adding the city to its growing network.

Service between Toronto Pearson and Winnipeg will begin on Sept. 7 with two daily roundtrip flights. The route will operate with 132-seat Embraer E195-E2 aircraft, and will also connect to Porter’s Eastern Canada network out of YYZ, including Ottawa, Montreal and Halifax.

“Winnipegers will soon have access to Porter’s elevated economy experience, an option that doesn’t exist in Winnipeg today,” said Kevin Jackson, executive vice president and chief commercial officer, Porter Airlines. “Porter has been recognized as having the best cabin service in North America, and we provide that award-winning service to every passenger at highly competitive fares.”