Porter Aviation Holdings
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Porter Aviation Holdings - overview
Location
Toronto, ON, Canada
Primary Industry
Transportation Services
About
Porter Aviation Holdings operates Porter Airlines, a regional carrier specializing in air travel across North America, emphasizing customer service and convenience. Porter Airlines is a regional airline based in Toronto, Canada, providing air travel services in the North American market. Founded by John Norton, the airline has focused its operations on enhancing the travel experience with additional services. Michael Deluce currently serves as CEO.
The airline operates from its headquarters in Toronto and has garnered attention for its strategic focus on customer satisfaction and operational efficiency. Porter Airlines primarily operates as a regional carrier, providing air travel services across North America. The airline's core product offerings include scheduled passenger flights connecting various destinations in Canada and the United States. Porter Airlines emphasizes convenience and customer satisfaction, offering amenities such as free Wi-Fi on flights and options for extra legroom through PorterClassic and PorterReserve services.
Catering to both leisure and business travelers, the airline features a Flight Pass program that allows frequent flyers to purchase a set number of flights at a discounted rate. Key markets served include Toronto, New York, Montreal, and other major cities in Canada and the Northeastern United States. Porter Airlines generates revenue primarily through ticket sales for its passenger flights, along with additional income from ancillary services such as seat selection and checked baggage fees. The airline operates on a direct-to-consumer model, where customers can book flights via their website or mobile app.
Transactions typically involve customers purchasing individual flight tickets or package deals, which include options for added services like travel insurance and car rentals. The pricing structure for tickets accommodates various customer segments, ensuring competitive rates while providing value-added services. Additionally, partnerships with travel agents and corporate clients facilitate group bookings and corporate travel solutions, contributing to its revenue streams.
Primary Industry
Transportation Services
Sub Industries
Airlines & Air Travel
Website
www.flyporter.com
Total Amount Raised
Subscriber access only
Porter Aviation Holdings - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Billy Bishop Toronto City Airport Passenger Terminal | - | ||||||||
| Buyout | Completed | Porter Airlines Inc. | - |
Displaying 1 - 2 of 2

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.