All Brands Owned by Porter Aviation Holdings Inc.

What is Porter Aviation Holdings?
Porter Aviation Holdings Inc. is the privately held parent company of Porter Airlines. Founded in 1999 by Robert Deluce as REGCO Holdings Inc., the company owns Porter Airlines, Porter FBO Limited, City Centre Terminal Corp., and Porter Aircraft Leasing Corp. The Deluce family controls the company, with Robert Deluce as Executive Chairman and Michael Deluce as President and CEO.

Is Porter Airlines publicly traded?
No. Porter Airlines and its parent company, Porter Aviation Holdings Inc., are privately held. The company has never conducted an IPO and is not listed on any stock exchange. It does not file public financial reports with Canadian securities regulators. Detailed financial information about revenue, profitability, and ownership stakes is not publicly available.

Who owns Porter Aviation Holdings?
Porter Aviation Holdings is controlled by the Deluce family. Robert Deluce founded the company and serves as Executive Chairman. His son Michael Deluce is President and CEO. Historical institutional investors have included EdgeStone Capital Partners, Borealis Infrastructure (OMERS), GE Asset Management, and Dancap Private Equity. Current ownership percentages are not publicly disclosed.

How many aircraft does Porter operate?
As of mid-2025, Porter Airlines operated approximately 73 aircraft. This included approximately 44 Embraer E195-E2 jets and approximately 29 De Havilland Dash 8-400 turboprops. Porter is the largest global operator of the E195-E2. In July 2026, Porter Aviation Holdings secured BNDES financing to support the acquisition of up to 19 additional E195-E2 aircraft.

What is Porter Aircraft Leasing Corp.?
Porter Aircraft Leasing Corp. (PALC) is a wholly owned subsidiary of Porter Aviation Holdings that manages aircraft and engine acquisition and leasing. PALC acquires aircraft and engines from manufacturers, sometimes selling them to lessors and leasing them back to Porter Airlines. In January 2026, PALC completed a sale-and-leaseback transaction for six PW1900 engines with BeauTech Power Systems.

Where are Porter's hubs?
Porter operates from three primary hubs. Billy Bishop Toronto City Airport (YTZ) is the original base for Dash 8-400 turboprop operations on short-haul regional routes. Toronto Pearson International Airport (YYZ) is the primary base for E195-E2 jet operations on longer-haul routes. Ottawa Macdonald-Cartier International Airport (YOW) is the third hub, with both aircraft types serving eastern Canadian and transborder destinations.

How does Porter finance its growth?
Porter finances its expansion through a combination of equity from existing investors, debt financing, sale-and-leaseback transactions, and manufacturer-supported financing. The July 2026 BNDES (Brazilian Development Bank) financing for up to 19 E195-E2 aircraft and the January 2026 BeauTech engine sale-and-leaseback are recent examples. The company's private status means the full details of its capital structure are not publicly disclosed.