Firm orders increase to 75 E195-E2s – with 25 purchase rights
TORONTO, Nov. 29, 2023 /CNW/ – Porter Airlines has exercised purchase rights to place a firm order for 25 Embraer E195-E2 passenger jets, adding to its 50 existing firm orders. The new aircraft will be used to extend Porter’s award-winning service to destinations throughout North America. The deal, valued at US$2.1billion at list price, brings the airline’s orders with Embraer to 75 firm, with 25 purchase rights remaining. Deliveries from this additional order are set to commence in 2025.
Porter, the North American launch customer for Embraer’s E195-E2, has already taken delivery of 24 E195-E2s, and recently announced new destinations including Las Vegas, Miami, San Francisco, and Los Angeles; with destinations in Mexico and the Caribbean also planned. The aircraft are currently deployed from Eastern Canada across the country, with a focus on Toronto Pearson International Airport and Ottawa. Halifax and Montreal are also seeing new services with the E195-E2. Porter has chosen to configure the 146-seat aircraft in a comfortable 132-seat all-economy configuration, with a variety of seat pitches on offer for their guests: 36, 34, and 30 inches.
Michael Deluce, president and CEO, Porter Airlines said, “At Porter, we entered a new era when we began operating the E195-E2 earlier this year. The jet is exceeding our expectations, especially in terms of fuel use, and delivering an incredible level of customer satisfaction to our passengers with a quiet, comfortable ride. These additional 25 orders enable us to continue extending our reach throughout North America, with more exciting new destinations.”
Arjan Meijer, president and CEO, Embraer Commercial Aviation, said, “Porter Airlines is an exciting disrupter delivering an elevated passenger experience that’s shaking up the North American market. Choosing the E2 to deliver an upgraded service is a huge endorsement of the jet’s comfort and capabilities, and a further endorsement of the E2 – the world’s quietest and most fuel-efficient single-aisle aircraft.”
About Porter
Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter’s fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves a North American network from Eastern Canada. Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®. Visit www.flyporter.com
TORONTO, June 20, 2023 /CNW/ – Porter Aircraft Leasing Corp., a wholly-owned subsidiary of Porter Aviation Holdings Inc. (Porter), has agreed to sale and leaseback financing with Avolon for 10 Embraer E195-E2 aircraft. Avolon is a global leader in aircraft leasing.
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 vice president and chief financial officer, 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. With ongoing deliveries, a North American network is being developed to include destinations in the U.S., Mexico and Caribbean.
“Porter is renowned for its customer experience and has exciting plans for the expansion of its E2 fleet,” said Paul Geaney, president and chief commercial officer, Avolon. “We are delighted to welcome them as a customer and look forward to partnering on their future growth. The E2 is a modern fuel-efficient aircraft that offers excellent operating performance, competing effectively with other smaller narrowbody platforms.”
Seabury Securities LLC acted as advisor and placement agent to Porter for these transactions, with Parr Brown Gee & Loveless acting as Porter’s lead legal counsel.
About Porter
Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter’s fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves a North American network from Eastern Canada. Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®.
TORONTO , Feb. 22, 2023 /CNW/ – Porter Airlines today celebrated the inaugural flights between Toronto Pearson International Airport (YYZ) and Calgary International Airport (YYC). The airline now flies to the two largest cities in Alberta as it grows its national network.
Service between Calgary and Toronto Pearson begins with two daily, non-stop return flights, increasing to three daily as of June 1. The flights are operated with Porter’s new Embraer E195-E2 aircraft. The 132-seat aircraft features an all-economy, two-by-two configuration, which makes Porter the only airline with no middle seats on this route.
“The launch of service in Calgary continues Porter’s western expansion and marks our entry to southern Alberta,” said Kevin Jackson, executive vice president and chief commercial officer, Porter Airlines. “Porter’s elevated economy travel experience is unlike anything that Calgarians have experienced up to now. The level of service that Porter offers is unheard of for economy travellers among North American airlines.”
Porter’s elevated passenger experience, which includes complimentary beer and wine served in real glassware, free premium snacks, and free WiFi, is available to all travellers. Fresh, healthy meals, pre-mixed cocktails and additional snack options are also available on the new Calgary-Toronto Pearson route. Passengers can enjoy these additional features, either as part of PorterReserve all-inclusive fares or for purchase à la carte with PorterClassic fares.
The new Calgary-Toronto route connects two leading Canadian cities with excellent tourist destinations and economic trade opportunities. Calgary is a vibrant city surrounded by natural attractions, including the Rocky Mountains being only a short drive away. Toronto offers great nightlife, unique neighbourhoods, and a variety of sporting and cultural events.
“YYC is thrilled to welcome a new airline, Porter Airlines, to our Team YYC community. The growth of its network with Porter’s expansion into Western Canada is proof of the success and demand for its innovative approach to air travel,” says Rob Palmer, Vice President, Commercial, Strategy and Chief Financial Officer at The Calgary Airport Authority. “It is thanks to our airline partners, that we can say our airport is well on our way to becoming fully recovered. We’re excited to support Porter in its ongoing growth as we set our sights on the expansion of our community.”
Porter has already inaugurated new routes this month connecting Toronto-Pearson with Ottawa, Montreal, Vancouver and Edmonton. Halifax service begins on Feb. 23. More information, including flight schedules and Porter Escapes vacation packages, can be found at www.flyporter.com
About Porter
Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter’s fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves a North American network from Eastern Canada. Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®. Visit www.flyporter.com
SÃO JOSÉ DOS CAMPOS, Brazil and TORONTO, Dec. 21, 2022 /CNW/ – The first two of 50 Embraer E195-E2 ordered by Porter Airlines have been delivered in a ceremony at Embraer’s headquarters in Brazil. Porter’s new E195-E2 fleet will launch the airline’s new elevated economy experience that aims to challenge the economy offering of every North American airline, with a new level of generosity and thoughtful service not seen in contemporary economy air travel.
In the run up to the new year, Embraer will deliver a further three aircraft to Porter.
Porter, the North American launch customer for Embraer’s E195-E2, is opening up operations throughout North America, including to the west coast, southern U.S., Mexico and the Caribbean. The aircraft will initially be deployed from Toronto Pearson International Airport, with Halifax, Montreal and Ottawa also seeing new services with the E195-E2. Porter has chosen to configure the 146-seat aircraft in a comfortable 132-seat all-economy configuration, with a variety of seat pitches on offer for their guests: 36, 34, and 30 inches.
“The official delivery of these aircraft is the beginning of a new era for Porter,” said Michael Deluce, president and CEO, Porter Airlines. “The E195-E2 enables us to reach across the continent, beyond our Eastern Canada roots, while introducing a level of service for economy air travellers that no other North American airline provides. It’s an enhanced experience that builds on our reputation for providing an elevated level of service to every passenger at reasonable prices in a single class of service. The first planes are ready to fly to Canada later this month before going into regular service in February.”
Arjan Meijer, president and CEO, Embraer Commercial Aviation, said, “Porter is focused on delivering what we all want – making the air travel experience a pleasure rather than a pain. Along with their exciting levels of service and generosity, Porter’s entire fleet is also without the dreaded middle seat, and will also satisfy the sustainability needs of Porter’s guests. The E195-E2 is the most environmentally-friendly single-aisle aircraft, at 65% quieter and up to 25% cleaner than previous-generation aircraft. It has the lowest fuel consumption per seat and per trip among 120- to 150-seat aircraft, and is the quietest single-aisle jet flying today.”
In total, Porter has orders with Embraer for up to 100 E195-E2 aircraft; 50 firm commitments and 50 purchase rights. In 2021, Porter ordered 30 Embraer E195-E2 jets, with purchase rights for a further 50 aircraft, worth US$5.82 billion at list price, with all options exercised. A firm order for a further 20 aircraft followed in 2022, valued at US$1.56 billion.
About Porter
Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter’s fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves a North American network from Eastern Canada. Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®. Visit www.flyporter.com or follow @porterairlines on Instagram, Facebook and Twitter.
Embraer’s E2 family of commercial jets, the E195-E2 and E190-E2, has received Type Certification from Transport Canada Civil Aviation (TCCA), following certification from ANAC (Brazil), the FAA (USA), and EASA (Europe) in 2019 and 2018 respectively.
The delivery of the first of fifty E195-E2 ordered by Toronto based Porter Airlines, which will also be the first E195-E2 to operate in North America, will take place at Embraer’s headquarters in São José dos Campos, Brazil, in the coming days.
Porter Airlines has orders with Embraer for up to 100 E195-E2 aircraft; 50 firm commitments and 50 purchase rights. In 2021 Porter ordered 30 Embraer E195-E2 jets, with purchase rights for a further 50 aircraft, worth US$5.82 billion at list price, with all options exercised. A firm order for a further 20 aircraft followed in 2022, valued at US$1.56 billion.
The world’s most efficient family of single-aisle aircraft is shaping the regional market with its sustainable technologies, superior cabin comfort, excellent economics and optimal range. As operators look to the future, renewing ageing fleets and expanding networks, the E2 will be at the heart of this transformation.
The E195-E2 is the most environmentally friendly aircraft in its class, with a 25% lower fuel burn than the previous generation aircraft, with E190-E2 achieving 17% lower emissions. Both aircraft have the lowest levels of external noise, and the longest maintenance intervals in the single-aisle jet category – with 10,000 flight hours for basic checks and no calendar limit for typical E-Jet operations. This means an additional 15 days of aircraft utilization over a period of ten years compared to current generation E-Jets.
The E190-E2’s take-off performance is particularly notable, the aircraft’s range from airports with hot-and-high conditions, such as Denver and Mexico City, increases by 600nm compared to current-generation aircraft.
CARLSBAD, Calif., and TORONTO, Nov. 18, 2021 /CNW/ – Viasat Inc. (NASDAQ: VSAT), a global communications company, and Porter Airlines today announced Viasat’s industry-leading in-flight connectivity (IFC) solution has been selected for the Toronto-based airline’s 30 new Embraer E195-E2 aircraft. The new aircraft will be linefit with Viasat’s high-speed, reliable in-flight internet system and are expected to enter service in the second half of 2022. Porter is preparing to grow beyond its current regional eastern Canada- and U.S.-focused network to include routes to the west coast, southern U.S., Mexico and the Caribbean.
Porter Airlines Selects Viasat for In-Flight Connectivity on its New Embraer E195-E2 Aircraft (CNW Group/Porter Airlines)
Leveraging the Company’s unrivaled capacity across its network of Geosynchronous satellites, Viasat’s IFC service will provide a high-speed internet experience in the sky.
“Introducing the E2 into Porter’s fleet gives us the ability to serve customers across North America,” said Kevin Jackson, executive vice president and chief commercial officer. “Using Viasat’s technology allows us to create a distinct digital passenger experience for longer routes that builds on our award-winning approach to hospitality.”
Don Buchman, Viasat vice president and general manager, Commercial Aviation, said, “From our initial conversations with the Porter Airlines team, it was clear they place a high-value and emphasis on delivering an enhanced experience. Our proven IFC system delivers on this promise, which enables their passengers to benefit from the speeds, capacity and coverage offered by our ViaSat-2 satellite today, as well as our next-generation satellite constellation, ViaSat-3, in the future.”
For more information on Porter Airlines, visit: www.flyporter.com. More information on Viasat’s commercial aviation solutions can be found here.
About Porter Airlines Porter Airlines provides 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®.
The airline currently offers flights to Toronto, Ottawa, Montreal, Quebec City, Fredericton, Saint John, Moncton, Halifax, St. John’s, Thunder Bay, Sault Ste. Marie, Sudbury, Timmins, Windsor, New York (Newark), Chicago (Midway), Boston and Washington (Dulles), and has seasonal flights to Mt. Tremblant, Que., Muskoka, Ont., Myrtle Beach, S.C., and Stephenville, N.L.
Visit www.flyporter.com or follow @porterairlines on Instagram, Facebook and Twitter. Details of growth plans to provide North America-wide service are available at flyporter.com.
About Viasat Viasat is a global communications company that believes everyone and everything in the world can be connected. For 35 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people’s lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat’s Corporate Blog, or follow the Company on social media at: Facebook, Instagram, LinkedIn, Twitter or YouTube.
Forward-Looking Statements This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include among others, statements related to Viasat and Porter Airlines’ relationship; the introduction of Viasat’s IFC service on Porter Airlines’ Embraer E195-E2 aircraft; the enhanced, at-home internet experience passengers and crew can expect; Porter Airlines’ plan to make the service available to all passengers; the availability, capabilities and performance of the Viasat in-flight internet equipment; the timing to connect the Porter fleet and the number of aircraft to be connected, and the satellites used to provide the service, including the future speed, capacity and coverage of the ViaSat-3 satellite constellation. Readers are cautioned that actual results could differ materially and adversely from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: risks associated with the construction, launch and operation of the satellite(s) used to supply these services, including the effect of any anomaly, operational failure or degradation in satellite performance; contractual problems; product defects; manufacturing issues or delays; regulatory issues; technologies not being developed according to anticipated schedules, or that do not perform according to expectations; and other factors affecting the aviation sector generally. In addition, please refer to the risk factors contained in Viasat’s SEC filings available at www.sec.gov, including Viasat’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.
