Porter partners with Macquarie Asset Management on development of Montreal Saint-Hubert Airport passenger terminal
Source: Porter Airlines Construction PCL selected as general contractor Porter Aviation Holdings Inc. (PAHI) is entering a partnership with Macquarie Asset Management (MAM) to support development of the previously announced passenger terminal at Montréal Saint-Hubert Airport (YHU). A new company, Partenaires d’infrastructure YHU (Québec) s.e.c. / YHU Infrastructure Partners (Québec) LP, is being formed under joint Porter and MAM ownership to develop the terminal. A local management team will operate the facility upon completion. Construction PCL (PCL) has also been selected as the general contractor for the passenger terminal. Work will commence in August, with a scheduled completion by mid-2025. “Macquarie and PCL are well-positioned as partners to develop a state-of-the-art passenger terminal at Saint-Hubert,” said Michael Deluce, president and [...]