Elevate Capital Partners Completes Sale-and-Leaseback with Porter Airlines for 4x Embraer E195-E2 Air
San Francisco, November 12, 2021, Elevate Capital Partners LLC (“Elevate”) is pleased to announce the closing of a sale-and-leaseback transaction with Porter Aircraft Leasing Corp., a wholly-owned subsidiary of Porter Aviation Holdings Inc. (“Porter”) for four (4) Embraer E195-E2 aircraft. These next generation technology aircraft will be delivered in 2022 and 2023, and Elevate will serve as asset and lease manager for the duration of the leases with Porter and beyond. Porter is a highly respected regional airline headquartered in Toronto, Canada that aims to provide a warm and effortless approach to hospitality, restoring glamour and refinement to air travel. Elevate is a San Francisco Bay Area firm, which focuses exclusively on aircraft leasing, investment and asset management.