Porter Aviation Holdings and Macquarie Asset Management formed a joint venture.

Porter Aviation Holdings, a provider of commercial and regional air transportation services and terminal, hangar, and office spaces, and Macquarie Asset Management, an Australian global financial services group, formed a joint venture. Financial terms were not disclosed. “MAM and PCL are well-positioned as partners to develop a state-of-the-art passenger terminal at Saint-Hubert. These relationships further strengthen the project and will result in a distinct terminal where passengers will genuinely enjoy their experience,” Michael Deluce, PAHI president and CEO.