Porter Airlines Overview
- Status
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Private
- Employees
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4,000
- Latest Deal Type
-
Capital Spending
- Financing Rounds
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7
- Investments
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1
Porter Airlines General Information
Description
Operator of a regional passenger carrier intended to facilitate transport via air in the city of Toronto. The company offers easy gate access and shorter check-in lines with the help of a team of skilled and knowledgeable professionals, thereby discerning short-haul passengers to receive hospitality and fast and comfortable service.
Contact Information
Website
www.flyporter.comCorporate Office
- 250 Yonge Street
- Suite 2800
- Toronto, Ontario M5B 2L7
- Canada
Corporate Office
- 250 Yonge Street
- Suite 2800
- Toronto, Ontario M5B 2L7
- Canada
Porter Airlines Timeline
Porter Airlines Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Porter Airlines Comparisons
Industry
Financing
Details
Porter Airlines Competitors (5)
One of Porter Airlines’s 5 competitors is WestJet Group, a Private Equity-Backed company based in Calgary, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| WestJet Group | Private Equity-Backed | Calgary, Canada | ||||
| XO | Private Equity-Backed | Fort Lauderdale, FL | ||||
| JSX Air | Venture Capital-Backed | Dallas, TX | ||||
| Wheels Up Experience | Formerly VC-backed | New York, NY | ||||
| Apollo Jets | Private Equity-Backed | New York, NY |
Porter Airlines Signals
Porter Airlines Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Porter Airlines Investments (1)
Porter Airlines’s most recent deal was a Joint Venture with Alliance (Air). The deal was made on 28-Nov-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Alliance (Air) | 28-Nov-2023 | Joint Venture | Air |
Porter Airlines FAQs
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Where is Porter Airlines headquartered?
Porter Airlines is headquartered in Toronto, Canada.
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What is the size of Porter Airlines?
Porter Airlines has 4,000 total employees.
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What industry is Porter Airlines in?
Porter Airlines’s primary industry is Air.
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Is Porter Airlines a private or public company?
Porter Airlines is a Private company.
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What is Porter Airlines’s current revenue?
The current revenue for Porter Airlines is .
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How much funding has Porter Airlines raised over time?
Porter Airlines has raised $339M.
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Who are Porter Airlines’s investors?
Government of Canada, EdgeStone Capital Partners, and OMERS Growth Equity have invested in Porter Airlines.
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Who are Porter Airlines’s competitors?
WestJet Group, XO, JSX Air, Wheels Up Experience, and Apollo Jets are competitors of Porter Airlines.
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