Fortress Investment Group and GOAL Aircraft Leasing have entered a sale-leaseback agreement with Porter Airlines for four Embraer E195-E2 aircraft to support the airline's growth and operational efficiency.

Target Information

Porter Airlines, established in 2006 and headquartered in Toronto, Canada, is the country's third-largest airline. It specializes in connecting underserved markets to major hubs such as Billy Bishop Toronto City Airport (YTZ), Toronto Pearson International Airport (YYZ), and Ottawa International Airport (YOW). Known for its emphasis on genuine hospitality, Porter Airlines features a modern fleet that includes Embraer E195-E2 and De Havilland Dash 8-400 aircraft, elevating the economy travel experience with comfortable seating arrangements and excellent service.

The company has embraced advanced, eco-friendly aircraft such as the Embraer E195-E2, which boasts low emissions and high fuel efficiency. With a range of approximately 2,600 nautical miles, these aircraft enable Porter to extend its reach across North America while maintaining commitment to sustainability and operational excellence.

Industry Overview in Canada

The Canadian airline industry plays a crucial role in connecting citizens and enhancing the economy by facilitating travel and trade. In recent years, the industry has demonstrated resilient growth as demand for air tr