Porter Airlines state of limbo persists as it awaits a decision on its controversial expansion plans

Canada's Porter Airlines marked its eight year anniversary in late 2014 against the backdrop of uncertainty over its strategic direction and attempts to sell and lease back the terminal it owns at its largest base Billy Bishop Toronto City Airport as a means to fund its growth plans.

Porter necessarily marked its eighth year of operations in partial limbo, as outside forces remained unpredictable. The airline is still awaiting a decision by the city of Toronto to operate Bombardier CSeries jets from Billy Bishop, which is a politically charged proposal that has drawn criticism and is in the midst of further study.

The airline continues to maintain an optimistic outlook, concluding it has options to broaden its base outside Toronto as its current business remains viable. But it seems Porter embarks on 2015 with the same degree of uncertainty about its future as in the beginning of 2014, a scenario that is not sustainable over the long term.