Airport Victory #1: NJ Airport Saved By State Buy-Out | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Fri, Feb 20, 2004

Airport Victory #1: NJ Airport Saved By State Buy-Out

Move Guarantees Airport's Status

Our good friends at AOPA tell ANN that the State of New Jersey this week signed a deal to buy South Jersey Regional Airport (VAY) in Lumberton. It's part of the state's innovative plan to maintain what it calls the core aviation requirements of the state.

"By purchasing development rights or outright buying airports, Gov. James McGreevey and the state division of aeronautics is taking concrete steps to ensure the state has adequate aviation infrastructure," said AOPA President Phil Boyer. "Preserving, protecting, and maintaining those airports is every bit as important as maintaining the state's roads and harbors."

The current owners of South Jersey Regional had been trying since the late 1980s to make the airport profitable. One of the owners told a local newspaper that while the $8.2-million purchase price won't cover all of the airport's losses, it does mean that they won't have to "fight the bureaucracy" of the local township and county. Most recently, public outcry forced cancellation of plans to extend the 3,900-foot runway to 5,500 feet.

South Jersey is the second airport that the state has bought outright. The aeronautics division has also engineered the purchase of development rights at two others, meaning that while the owners retain title to airport, they agree not to let the land be used for any purpose other than as an airport. The state is negotiating with several other private airport owners to buy development rights.

"It's a key part of what we call the core airport system in New Jersey," Ted Matthews, executive director of transportation services for New Jersey's Department of Transportation told the Philadelphia Inquirer newspaper. "[These are] the airports we believe need to be in place to meet forecasted demand over the next 20 years."

"This is a significant and very symbolic step that sends a message nationwide, saying New Jersey values its aviation resources," said Boyer. "It shows other states a way that they can preserve and protect their airports as well.

"Preserving and protecting airports is at the very heart of AOPA's mission, and we stand ready to assist New Jersey or any other state in that effort."

FMI: www.state.nj.us/transportation, www.aopa.org

Advertisement

More News

Unfortunate... ANN/SportPlane Resource Guide Adds To Cautionary Advisories

The Industry Continues to be Rocked By Some Questionable Operations Recent investigations and a great deal of data has resulted in ANN’s SportPlane Resource Guide’s rep>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

ANN's Daily Aero-Term (04.29.24): Visual Approach Slope Indicator (VASI)

Visual Approach Slope Indicator (VASI) An airport lighting facility providing vertical visual approach slope guidance to aircraft during approach to landing by radiating a directio>[...]

ANN's Daily Aero-Term (04.28.24): Airport Marking Aids

Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]

ANN's Daily Aero-Linx (04.28.24)

Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC