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Porter Airlines is a regional airline headquartered at Billy Bishop Toronto City Airport on the Toronto Islands within Toronto, Ontario, Canada.〔"(Contact Us )." Porter Airlines. Retrieved on September 13, 2011. "Address: Billy Bishop Toronto City Airport Toronto, Ontario Canada M5V 1A1"〕 Owned by Porter Aviation Holdings, formerly known as REGCO Holdings Inc., Porter operates regularly scheduled flights between Toronto and locations in Canada and the United States using Canadian-built Bombardier Dash-8 Q 400 turboprop aircraft. Porter's operation at the Toronto airport was launched in 2006 with some controversy. Robert J. Deluce, who is now the CEO of Porter Airlines, came up with the idea of creating a regional airline using Bombardier turboprop aircraft to major cities of Canada within the range of Toronto. A planned bridge to the airport was cancelled in 2003, leading to lawsuits between Deluce and the City of Toronto. The airline lost the case in court but the idea for the airline remained. With the compensation received from the Toronto Port Authority for the lawsuit, REGCO bought the island airport terminal used by Air Canada Jazz and terminated Air Canada's access. Porter has expanded its operations since 2006, adding more destinations and planes. Porter opened a new, larger, passenger terminal at the island airport in March 2010. In 2013, Porter made a proposal to expand Toronto Island airport to allow jets. Toronto City Council reserved its support, requiring the controversial proposal be the focus of Ports Toronto studies. In November 2015, the federal government announced it would not support the proposal. ==Organization== Porter Airlines along with Porter FBO Limited, which operates the Porter facilities at Billy Bishop, and City Centre Terminal Corp., are owned by Porter Aviation Holdings (PAHL), formerly known as REGCO Holdings Inc. The company was founded in 1999. Porter Aviation Holdings Inc. is controlled by : *Robert Deluce - part of the Deluce aviation family—with brother Peter, son Michael and others has been an owner and/or executive with Air Ontario, Canada 3000 and other airlines. ;Principal executives * Robert J. Deluce is President and CEO of Porter Airlines and Porter Aviation Holdings Inc. His salary is $204,167 for 2010. * Michael Deluce, Robert's son, is the Chief Commercial Officer of Porter Airlines. His salary is $145,833 for 2010.〔 * D. Paul Moffat, Chief Financial Officer. * Andrew Pierce - Director of Commercial Planning. * Paul Larocque - Director of Information Technology. Source: Bloomberg Business Week ; Directors * Donald J. Carty, a former American Airlines chief executive, is Chairman of the Board of Directors. Carty is also Vice Chairman and CFO at Dell Inc. * James Little - Chief Marketing Officer at Shaw Communications, Inc. * David Wilkins - Former U.S. ambassador to Canada. Source: Bloomberg Business Week ;Investors: At startup, $125 million CAD was put into the airline including money from: *EdgeStone Capital Partners *Borealis Infrastructure – the investment arm of the Ontario Municipal Employees Retirement System (OMERS). In 2009, Porter's institutional investors include EdgeStone Capital Partners, Borealis Infrastructure, GE Asset Management Incorporated and Dancap Private Equity Inc.〔 (【引用サイトリンク】publisher=Porter Airlines )〕 In 2013, Porter's investors are listed as EdgeStone Capital Partners, OMERS Strategic Investments, GE Asset Management Incorporated and Dancap Private Equity Inc.〔(【引用サイトリンク】publisher=Porter Airlines )〕 The then REGCO Holdings purchased the Toronto island airport assets of City Centre Aviation Ltd in 2005. This included the terminal used by Air Canada's ''Jazz'' airline, which at the time operated daily flights to Ottawa from the airport. On February 15, 2006, Air Canada had announced that its contract to operate its Jazz Airline service out of the REGCO terminal at the airport had been terminated. On February 27, 2006, REGCO was able to evict Air Canada Jazz from the publicly owned airport. Air Canada took the case to court, but lost an Ontario Superior Court ruling. REGCO's fully owned subsidiary 'City Centre Aviation' (now Porter FBO) then commenced renovations of the terminal building to serve Porter Airlines, which started flights in October 2006. Porter FBO operates the terminal along with fuel and other services. A new subsidiary, City Centre Terminal Corp., was set up in 2009 to manage Porter's new terminal at the Toronto island airport. The new terminal's cost of construction is estimated at $50 million CAD. The first half of the new terminal opened on March 7, 2010. The terminal was completed in early 2011. The new terminal has ten gates, two lounges, check-in and security areas, and food outlets. The airline's mascot is a stylised raccoon named "Mr. Porter".〔(【引用サイトリンク】title=Porter Airlines Press release )〕 The raccoon appears in Porter newspaper ads. Porter also advertises on radio, using an announcer. The design of staff uniforms is based on 1960s standards of airline fashion. Porter has 933 employees as of March 31, 2010.〔 Porter was initially organized as a private company. On April 16, 2010, Porter Aviation Holdings announced they were going to be listed as a publicly traded company. The company filed a preliminary prospectus — a business plan — with securities commissions across the country, a requirement before it can offer shares.〔 〕 The company has $306 million of debt and leases and intended to raise $120 million of new shares in the company and order seven new Q400 planes.〔 (【引用サイトリンク】publisher=CTV News )〕 However, after twice delaying the final deadline for the offering, and lowering its share price from between $6 and $7 per share to $5.50, Porter cancelled the initial public offering. According to Robert Deluce "We came to the conclusion that it was really prudent to defer the offering at this time and to wait until better market conditions existed. We wanted to raise some capital. We thought the IPO was the way to go, but we weren't prepared in any way to sell our stock at just any price."〔 〕 The media had openly speculated on the profitability of Porter as being a money-losing operation, as would be typical of a start-up. CEO Deluce had been asked by the media to provide information on the financial status of Porter, but declined. In its prospectus, the company outlined a loss of $4.6 million on revenues of $151 million for 2009. To be profitable, the airline needs to be filling 49.3% of its seats with paying customers. In 2009, the airline filled 41% of its seats, and in the first quarter of 2010, it filled 47%. Overall, the airline carried 900,000 passengers in 2009, 800,000 through Toronto island airport.〔 In 2011, the airline filled 55.9% of its seats. As part of disclosure for its public offering, Porter disclosed that from its startup in 2006 until May 2010, Porter lost $44.5 million.〔 〕 In an interview with ''Toronto Life'' magazine in May 2013, Robert Deluce stated that Porter turned a profit in 2011 and 2012, and paid out profit sharing. Porter sold the terminal at the island airport in Toronto to Nieuport Aviation Infrastructure Partners GP in January 2015. According to Deluce, this meant that the airline was debt-free, although it would now pay to lease the facility. The sale was estimated to be in the range of 750 million. Being debt-free was considered a good position to be in, if it were to buy Bombardier CS100 jets to use at the island airport.〔 However, in November 2015, the federal government announced it would not support the proposal to expand the island airport. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Porter Airlines」の詳細全文を読む スポンサード リンク
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