Porter Airlines is 'not for sale': executive chairman

5 July, 2019

Porter Airlines executive chairman Robert Deluce said the airline is "not for sale", adding it is not the first time there has been consolidation among Canadian airlines (BNN Bloomberg, 04-Jul-2019). As previously reported by CAPA, Onex Corporation entered a definitive agreement to acquire WestJet and Air Canada reached a definitive agreement to merge with Transat AT. Mr Deluce noted Porter Airlines will "just keep our head down and keep doing what we're doing", adding: "I think we have got a formula that's working".