Pennridge Airport

PENNR IDGE A I RPORT to build a couple more hangars capable of holding mid-size jets. We’re capable of supporting mid-size jets and we have two that are resident, right now, and we want to attract more of those. We went through the process of getting approval for those hangars with the local municipality and we have approval to build them. Whether we build them, or not, is still up in the air, but we wanted to get the approval done, so if we decided we wanted to build them, we can. “We may also go back to the Bureau of Aviation and ask for some grant money to help us build those hangars because it’s a very large capital outlay and it takes a long time to get that money back. These hangars would be focused on business aircraft that would be flying quite a bit and using jet fuel. So we’d have the advantage on the rental of a more expensive space and also more jet fuel sales. So, our biggest limiting factor, right now, is hangar space. We can’t have more resident planes because we’re full. In order to grow this Airport, we need more hangars. And that’s an economic question. If you’re going to lay out millions of