Monmouth Executive Airport Sold | 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-05.20.24

Airborne-Unlimited-05.28.24

Airborne-FlightTraining-05.29.24 Airborne-Unlimited-05.30.24

Airborne-Unlimited-05.24.24

Fri, Nov 22, 2013

Monmouth Executive Airport Sold

New Owner's Representative Says The Airport Will 'Join The 21st Century'

For 75 years, Ed Brown and later his family has owned and operated Monmouth Executive Airport in eastern New Jersey. But all that has changed with the sale of the airport announced Thursday.

The new owners are Wall Aviation LLC, which has been trying to buy the airport for 12 years, according to The Wall Patch. The sales price of the airport is not being disclosed, according to Richard A. Asper, chairman of Florida-based Aviation Professionals Group, a consulting company hired help close the deal.

Asper said that changes at the airport will happen "immediately." He said that "This airport is going to join the 21st Century. This is an airport that deserves to be first class."

Among those changes are a new FBO ... the national chain AvFuel ... effective Friday. But some of the airport's traditional tenants, such as Jersey Shore Skydiving or banner towing operations may not be compatible with the new owner's vision for the airport. “It’s very difficult to convince the pilot of a $30 million airplane to land here when he’s got to look out for people falling out of the sky," Asper said.

Asper said that the banner towing planes which operate out of the airport over the nearby Jersey shore are businesses that the new owner likes, but may not be compatible. He said they will eventually be "ebbed out" and relocated to other airports in the area.

The airport had been home to a number of businesses while it was owned by Ed Brown, some of them not aviation-related. They included a golf driving range, a drive-in/fly-in movie theater, and a bowling alley.

One tenant had manufactured computer circuit boards, and illegally dumped toxic materials on the property. The EPA cleaned has up the property. Brown also reportedly was delinquent on his property taxes.

Ed Brown passed away in 2006, about the time Wall Aviation LLC began to try to buy the airport. It has been operated by his step son, Jack Taylor, for the past 12 years.

FMI: http://www.airnav.com/airport/KBLM

 


Advertisement

More News

USCG MH-60 To The Rescue (Again) -- Rescues 4 Boaters

Capsized Vessel Located Near Dauphin Island, Alabama The Coast Guard rescued four boaters after their vessel capsized near Dauphin Island, Alabama, Thursday. Coast Guard District E>[...]

Gray Eagle Order Placed for Army National Guard

Reserve Components Looking to Improve In-House General Atomics Aeronautical Systems announced a fresh order for a dozen Gray Eagle 25M UAVs with accompanying equipment, for fulfill>[...]

Aero-Biz Survival 101 (1120a): Expert Ideas To Help You Through Tough Times

Brand New! Avoid The Need For A Comeback... Get Your Marketing Right, Right Now! Some time ago, the Aero-News Network, responding to numerous requests, established a marketing and >[...]

Airborne 06.03.24: Rotax 915/916 SB, Starship 4 Ready?, B-17 Mementos

Also: Hubble On Pause, FedEx Pilots Picket, Nexus eVTOL, VFS Honors The Rotax folks have published a Service Bulletin after issues were noted that may affect all R915i and R916i se>[...]

Mid-Continent Instruments and Avionics Mourns Former Leader

John W. Winter of AEA and Avionic Fame Passes John W. Winter brought Mid-Continent Instrument Company into the modern era in 1980, purchasing the firm and using it as a base for ex>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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