vikingwarrior Posted January 17, 2017 Author Share Posted January 17, 2017 1 hour ago, MD2 said: For the time being, the government seems to have been forced into an embarrassing situation by one Toronto MP. In the meantime, some overdue and much-needed work is being done at the airport which is good for all such as resurfacing the runways, adding centerline lighting, adding pre-clearance, "rejuvenating" the terminal, addressing RESA, taking steps to reduce noise even more by adding run-up barriers and decommissioning RWY 15/33, etc. As for the long-standing Porter sale(!), presumably all things can be for sale for the right price, however as things are right now there is no real advantage in selling for Porter as it will likely not maximize its potential, nor is there a desperate need for any airline in Canada to buy it as they see Porter contained and then in a better climate the true value of the company is best unlocked through an IPO. MD2, Reading into your reply; your opinion might appear to be that Porter may be boxed in for now until the political situation changes…(ie. another 3 years); Correct? It is pretty clear currently that the markets are open for an IPO with the NASDAQ airline index outperforming the NASDAQ 100 composite by 14% just in 60 days. http://www.nasdaq.com/symbol/xal/stock-chart?intraday=off&timeframe=1y&splits=off&earnings=off&movingaverage=None&lowerstudy=volume&comparison=on&index=nasdaq100&drilldown=off Porter has complained FOR YEARS that it couldn’t do an IPO as markets weren’t right; yet it appears that that time may have come at least if people want to get out now(ie. float 10-20% of company) It is understandable from a long term strategic value proposition (ie. route expansion, BB improvements, possible political climate more hospitable down the road, C series implementation) but you never know if all the stars will align down the road(politics, competitive environment(ie. more airlines, foreign investment), market for an IPO being closed at that time, etc..) Wouldn't it make sense that route expansion and/or possible implementation of the CS100 somewhere still may be in the cards at least short term do you think feasible? Link to comment Share on other sites More sharing options...
Fido Posted January 17, 2017 Share Posted January 17, 2017 56 minutes ago, blues deville said: or nude beach There is a nude beach? Is that distracting? Link to comment Share on other sites More sharing options...
Super 80 Posted January 17, 2017 Share Posted January 17, 2017 Only if you're into overweight old men. Link to comment Share on other sites More sharing options...
MD2 Posted January 17, 2017 Share Posted January 17, 2017 4 hours ago, blues deville said: Which one? Olivia or Adam? On days with excessively strong north winds would Porter ever use runway 33?We did occasionally at city express but all the noise (Dash 8)) generated would have been over the water or nude beach on short final. I don't believe Olivia is currently an MP. Porter only uses 08/26. Nude beach...lol! Link to comment Share on other sites More sharing options...
MD2 Posted January 17, 2017 Share Posted January 17, 2017 4 hours ago, vikingwarrior said: MD2, Reading into your reply; your opinion might appear to be that Porter may be boxed in for now until the political situation changes…(ie. another 3 years); Correct? It is pretty clear currently that the markets are open for an IPO with the NASDAQ airline index outperforming the NASDAQ 100 composite by 14% just in 60 days... vikingwarrior, I'm going to go ahead and assume that you don't know much IPOs. Don't fret, many don't. I don't presume to know much about it either. At any rate, there is more to doing an IPO than simply markets being up. Let's just say that there has to be some use for that cash and at the moment Porter seems to have a lot of cash and no need for more unless and until Porter plans are approved at the island. And as someone already asked, why the keen interest in Porter's IPO, got a pile of cash ready to invest? All things in their good time... Link to comment Share on other sites More sharing options...
vikingwarrior Posted January 18, 2017 Author Share Posted January 18, 2017 Well it would seem we have part of our answer here (WHERE DOES PORTER GO FROM HERE-10 Years) is in this article just hitting the wires(nothing new but the same old/same old): Expansion plans on hold for Porter Airlines https://www.northernontariobusiness.com/industry-news/transportation/expansion-plans-on-hold-for-porter-airlines-512006 Link to comment Share on other sites More sharing options...
Guest Posted January 18, 2017 Share Posted January 18, 2017 1 hour ago, vikingwarrior said: Well it would seem we have part of our answer here (WHERE DOES PORTER GO FROM HERE-10 Years) is in this article just hitting the wires(nothing new but the same old/same old): Expansion plans on hold for Porter Airlines https://www.northernontariobusiness.com/industry-news/transportation/expansion-plans-on-hold-for-porter-airlines-512006 Good to see you quoting a major "National" press article. I guess we can now assume that you don't have any "Ox to Gore" re Porter? Link to comment Share on other sites More sharing options...
vikingwarrior Posted January 25, 2017 Author Share Posted January 25, 2017 Funny, same author different publications but different slants day's apart; Is the glass half full or half empty? Porter Airlines hoping to spread its wings https://www.timminstoday.com/local-news/porter-airlines-hoping-to-spread-its-wings-509582 Link to comment Share on other sites More sharing options...
Guest Posted January 25, 2017 Share Posted January 25, 2017 On 1/17/2017 at 6:11 PM, vikingwarrior said: Well it would seem we have part of our answer here (WHERE DOES PORTER GO FROM HERE-10 Years) is in this article just hitting the wires(nothing new but the same old/same old): Expansion plans on hold for Porter Airlines https://www.northernontariobusiness.com/industry-news/transportation/expansion-plans-on-hold-for-porter-airlines-512006 Still curious re your "hook" re porter Link to comment Share on other sites More sharing options...
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