TrueNoord to lease six Embraer E195-E2s to Porter Airlines
Specialist regional aircraft lessor TrueNoord has completed the purchase agreement for six new E195-E2 aircraft from Embraer, with the next generation jets set to join Porter Airlines’ growing fleet on…
Specialist regional aircraft lessor TrueNoord has completed the purchase agreement for six new E195-E2 aircraft from Embraer, with the next generation jets set to join Porter Airlines’ growing fleet on a long-term operating lease.
All six aircraft are to be delivered in 2023 and are part of Porter’s first firm E2 order for 30 E195-E2s, confirmed in 2021.
‘Potential to be disruptive to the market’
Garry Topp, TrueNoord sales director – Americas, said: “Porter is deeply experienced and know their market well, having successfully operated for more than 15 years.
“They are blending this experience with great enthusiasm, innovation and creativity to build a successful business around the new E195-E2.
“This aircraft has the potential to be disruptive to the market and Porter understand the opportunity this creates. They are a great customer to work with and we are proud to be supporting their expansion plans in the region.”
‘New level of service’
Based primarily at Toronto Pearson International Airport, Porter will fly the new E2 aircraft to key destinations across Canada and the United States, with routes connecting to US south and west coast destinations.
Jeffrey Brown, executive vice president and chief financial officer at Porter Airlines, said: “The growth plans that Porter is pursuing require support from dedicated partners.
“TrueNoord fits this mould, not simply from a financial perspective, but also by understanding our vision and how we intend to use the E195-E2 to help introduce a new level of service throughout North America.”
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