Porter Airlines is expected to confirm today it has bought $2 billion worth of new long-range jets from Bombardier, a bold plan that could vault the regional carrier into being Canada's third national airline.
Speculation reached a fever pitch on Tuesday that the Toronto-based airline will announce plans to purchase 12 CSeries jets from Montreal-based Bombardier.
That would not only be a coup for Bombardier, but also usher in a sea of change in Canadian aviation. That's because the CSeries jets are much larger and capable of much longer ranges than the current fleet of Q400 turboprop planes that Porter flies to connect cities across Eastern Canada and the U.S.
That suggests Porter has ambitious plans to start flying to new destinations. CSeries jets can fly 5,400 kilometres without refuelling — more than enough to reach across Canada, and anywhere in the continental U.S. and Caribbean.
Joseph D'Cruz, a University of Toronto business professor and aviation expert, says the move could be good news for consumers.
"It's going to be interesting to watch how WestJet and Air Canada react once Porter starts biting into their business," he told CBC. "They're going to retaliate, and the only way they can retaliate is lower prices."
"This may trigger a vicious price war," D'Cruz said.
The plan also has the intriguing subplot that plans may be underway to expand and enlarge Toronto's island airport. The current runway is at least 200 metres too short to handle CSeries, and the jets are too loud and powerful to meet stringent rules about noise at the downtown airport.
Politicians who represent the area at the municipal and federal level were quick to say any plans to expand Toronto's island airport would be out of the question.
"You can't pave the lake," Toronto Coun. Adam Vaughan told CBC News on Tuesday.
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