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Porter Airlines Inc. is a regional passenger carrier that is attempting to operate out of Toronto City Centre Airport . The airline is proposing to commence service in fall 2006 in direct contradiction to the wishes of the City of Toronto. Porter is a subsidiary of privately-held REGCO Holdings Inc. Its investors include EdgeStone Capital Partners, Borealis Infrastructure and REGCO Capital Corp. HISTORY REGCO Holdings president and CEO Robert Deluce announced February 2, 2006 that a short-haul airline operating out of a newly revitalized Toronto City Centre Airport will begin service in 2006. Passengers will use a ferry to get to the island airport instead of a controversial bridge proposal. GOVERANCE The new airline is to be run by Robert Deluce (President & CEO) and former American Airlines chief executive, Canadian born Donald J. Carty (Chairman). On Feb. 6th 2006, he was also named the chairman of the new Richard Branson upstart, Virgin America airlines. ( Virgin Airlines did for a brief period operate a London to Toronto service, until financial troubles related to the September 11th terrorist attacks in the United States). DESTINATIONS Destinations could include Montreal , New York City and Chicago , as well as a variety of suburban airports near those cities. Destination cities and flight schedules will be announced at a later date. FLEET EXTERNAL LINKS RESOURCES |
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