PE-backed Porter may sell and lease back Toronto airport terminal: Reuters
Porter Aviation Holdings Inc, the parent of upstart Canadian carrier Porter Airlines, said it is considering selling and then leasing back the passenger terminal it operates at Toronto's Billy Bishop City Airport, Reuters reported. Once source has estimated the deal's value at US$500 million. Porter is backed by Edgestone Capital Partners, OMERS Strategic Investments, GEAMI and Dancap Private Equity.
29 August 2014•1 min read
