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Airport Funding |
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Vivian Moon
MUSA Council Joined: May 16 2008 Location: Middletown, Ohi Status: Offline Points: 4187 |
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Posted: Oct 06 2015 at 7:45am |
Posted: 7:00 a.m.
Tuesday, Oct. 6, 2015
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middletownscouter
MUSA Citizen Joined: Oct 11 2010 Location: Sunset Park Status: Offline Points: 501 |
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Given the size and available space at Hook Field, in addition to our geographic location and current capabilities, being able to put in an FAA repair station would be a great play.
BUT, one thing that really needs to be done to help bring in more aerospace industry work is to increase the available labor pool in the area for educated or skilled labor. I recall about a dozen years ago reading an area demographic study for the area around my church (7-mile radius from about the center of Middletown) and seeing that the majority of the residents were at less than a high school diploma level of education. Cannot draw in jobs that require skilled labor when you have a largely uneducated (or undereducated) available labor pool. If that's all you have, then all you get is places offering $8 - $10 an hour jobs. |
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acclaro
Prominent MUSA Citizen Joined: Jul 01 2009 Status: Offline Points: 1878 |
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Why will this fail? Simple. Companies like Honeywell and others, do fixed price long-term contracts where they have all resources taken care of, including training, certification, runway, and a flat fee annually over years. This is another example of having an asset by accident, ie, the airport that was needed to bring in a regional carrier that went bankrupt, and throwing something out there that is total speculation as to its use, its demand, and its market. The market is full of turnkey long-term aviation maintenance providers.
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'An appeaser is one who feeds a crocodile, hoping it will eat him last.' - Winston Churchill
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Vivian Moon
MUSA Council Joined: May 16 2008 Location: Middletown, Ohi Status: Offline Points: 4187 |
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What is the current balance owed on the bond to purchase the airport?
What is the current balance owed to the General Fund for the years the airport operated in the red like the Weatherwax debt? |
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