Toronto Port Authority allocates slots at Billy Bishop
Canada's Toronto Port Authority and Airport Coordination Limited (ACL) announced (23-Jun-2010) Air Canada and Continental Airlines have submitted responses that met the initial requirements outlined in the formal request for proposals (RFP) for additional commercial airline services at Billy Bishop Toronto City Airport. During a recent session with the carriers, ACL allocated the 90 available BBTCA slots among Air Canada, Continental and existing carrier, Porter Airlines. ACL allocated the slots as follows:
Meanwhile, Porter Airlines CEO, Robert Deluce, stated the additional slots gained at Billy Bishop will be used to increase the carrier’s destinations and pressure competitors into lowering prices (Canadian Press, 23-Jun-2010).
Porter Airlines: "We have typically seen base prices drop by at least 50% when we enter a new market and I think that will probably continue to be the case. It's a very pro-competitive market. Our presence in the marketplace has been highly stimulative in terms of providing new competition and that benefits all travellers.” Robert Deluce, CEO of Porter Airlines. Source: Canadian Press, 23-Jun-2010.