Mon, Nov 21, 2016
Currently Operates At An Annual Loss Of About $500,000
The State of Connecticut is reportedly in discussions with the city of Bridgeport for the possible purchase of Sikorsky Memorial Airport.
Only In Bridgeport reports that the airport has never realized its potential as an economic driver, if part because it has been hampered by land use regulations in the host town of Stratford. Bridgeport, CT owns the airport, but it is located entirely on property owned by Stratford, CT, and that relationship has not always been as amicable as the parties would have liked. Residents of Stratford have strongly resisted expansion plans at the airport, as well as previous offers from the state and Donald Trump (about 20 years ago) to purchase the airport.
After safety improvements were recently completed, discussions opened up between Bridgeport and the Connecticut Airport Authority for the state's acquisition of the airport, which currently operates at an annual loss of about $500,000.
The sales price for the airport would be about $2 million, but Bridgeport officials see the possible sale as a way to rid itself of the consistent losses from the facility. The CAA would appear to be the best fit as a buyer, but it would have to be approved by the Authority's board of directors.
If it is acquired by the CAA, the state would own a better-maintained airport in the southern part of the state that could attract corporate aviation traffic to the region.
(Image from file)
More News
Takeoff Roll The process whereby an aircraft is aligned with the runway centerline and the aircraft is moving with the intent to take off. For helicopters, this pertains to the act>[...]
“We’re proud of the hard work that went into receiving this validation, and it will be a welcome relief to our customers in the European Union. We couldn’t be mor>[...]
"Aircraft Spruce is pleased to announce the acquisition of the parts distribution operations of Wag-Aero. Wag-Aero was founded in the 1960’s by Dick and Bobbie Wagner in the >[...]
IDENT Feature The special feature in the Air Traffic Control Radar Beacon System (ATCRBS) equipment. It is used to immediately distinguish one displayed beacon target from other be>[...]
Aero Linx: Pararescue Air Force Pararescuemen, also known as PJs, are the only DoD elite combat forces specifically organized, trained, equipped, and postured to conduct full spect>[...]