Porter Airlines exercises options on two Bombardier Q400s

    Fleet grows to 12 by 2009

    TORONTO, March 3 /CNW/ - Porter Airlines exercised existing options for
two Bombardier Aerospace Q400 aircraft. The order represents aircraft 11 and
12 in the Porter fleet and is scheduled for delivery in early 2009.
    Porter's initial 10 firm, 10 option Q400 order is valued at over
$500 million US. Six aircraft are delivered and in service, with four more
expected by the end of 2008.
    "Porter is in a strong financial position and is poised for further
growth to new markets as demonstrated by the exercising of these two options,"
said Robert Deluce, president and CEO of Porter Airlines. "The Q400 has
performed fantastically for us and it remains a key part of Porter's expansion
    "Porter continues to be a valued Bombardier customer, providing the
opportunity to showcase the Q400's Canadian engineering, design and
manufacturing standards right here in Canada," said Steven Ridolfi, president
of Bombardier Regional Aircraft.
    Porter operates a 70-seat version of the Q400, one of the most
fuel-efficient aircraft in its class, burning less fuel per seat than most
regional and narrow-body jets. With leather seating, extended legroom and a
667 km/h cruising speed, the Q400 sets new standards for comfort, fuel
efficiency and low emissions.

    About Porter Airlines

    Porter Airlines Inc. is a regional passenger carrier based at Toronto
City Centre Airport. The airline currently serves Toronto, Ottawa, Montreal,
Halifax and Mt. Tremblant, with New York (Newark) beginning March 31. Porter
plans to fly to at least 17 short-haul Canadian and U.S. destinations. Visit
www.flyporter.com or call (416) 619-8622 or (888) 619-8622 for more

For further information:

For further information: Media contact: Brad Cicero, Porter Airlines,
(416) 619-8593

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