TORONTO - The Toronto Port Authority said Wednesday that two airlines have applied to provide service using the Billy Bishop Toronto City Airport on the city's waterfront.
The airlines were not identified, but Air Canada (TSX:AC.B) has said it was interested in adding the island airport to its destinations as soon as possible.
Porter Airlines is currently the only airline offering service using the island airport.
The port authority said the proposals would now be reviewed, but did not provide a timeline for the process.
The review will be done in conjunction with Airport Co-ordination Ltd., a British-based consulting firm hired to help with the assessment.
"Once assessed, the proposals that meet the RFP requirements for additional commercial airline carriers will then be further evaluated by ACL as part of the slot allocation process," said Geoff Wilson, president and chief executive of the Toronto Port Authority.
