I've debated the impact of Porter on the waterfront with a friend over the past year or so. Whenever I mentioned my concern about noise, he would smirk at me and thought I was a bit crazy. All of his experiences along the waterfront were not materially impacted by Porter.

But just yesterday, he told me that he spent some time at HtO Park on the weekend. He admitted that the planes were indeed quite noisy and a disturbance to him. He had trouble concentrating on a book he was trying to read.

He was not disturbed when there were 4,6,8,10 planes operating but now with 20, he doesn't like it. When we discussed the noise at 8 or 10 planes, I encouraged him to try to imagine what it would be like with twice as many planes. He seemed incapable of doing so. This guy has a business degree and two major financial designations but didn't seem to understand what 10 multiplied by 2 meant! Go figure!

Anyhow....if the airport gets busier (traffic doubles), I really hate to see what the waterfront will be like.

As for the cancellation of the IPO, do not celebrate too soon! A few good quarters by Porter and a stronger stock market and they will easily sell their IPO.

ILTTB