The investment will enable the construction of two hangars spanning around 150,000ft² to accommodate its growing fleet of Embraer E195-E2 as well as De Havilland Dash 8-400 aircraft.
These hangars are said to incorporate sustainable features.
OIAA will also build a new taxiway and associated infrastructure to facilitate the hangar development, and future opportunities in this section of the airport.
Hangars at YOW airport will be completed in two phases, with the first phase scheduled to be over by the end of next year. The second phase is expected to be completed in the first quarter of 2024.
During the construction phase, the project is expected to create 150 job opportunities.
Porter Airlines president and CEO Michael Deluce said: “Ottawa has been a critical location for Porter throughout our history and the multi-million dollar facilities we’re building to maintain aircraft here is only the latest example of our desire to meaningfully invest in Canada’s Capital Region.
“We anticipate our presence in Ottawa will grow in the coming years, supported by the maintenance base and future aircraft deliveries that give us the ability to consider new routes.”
YOW will serve as the primary maintenance base for the E195-E2.
Porter Airlines plans to hire 200 local employees, which includes 160 aircraft maintenance engineers (AMEs).
Currently, the airline has up to 100 E195-E2s on order that includes 50 firm commitments and 50 purchase rights, and a fleet of 29 Dash 8-400 aircraft fleet.
OIAA president and CEO Mark Laroche said: “YOW was Porter’s first destination when they launched in 2006. We believe it’s very fitting that YOW is an important part of their expansion plans and their future, and look forward to the benefits that come with such an extensive maintenance operation.
“We are particularly pleased that sustainability factors so prominently in Porter’s plans, which fits perfectly with YOW’s ambitious commitment to net-zero operations (Scope 1 and 2 GHGs) by 2040 or sooner.”