Hampton Roads Executive Airport announces $10 million investment for future development

Home
»
Stories
»
2024
»
July

GLOBAL INDUSTRY NEWS

Qatar Airways In Talks To Buy 20% Of Virgin Australia - Airline Ratings

Boeing Will Buy Spirit AeroSystems For $4.7 Billion In Stock & Airbus Enters $559 Million Agreement For Its Parts

Bombardier Global Jet Production Stops in Toronto as Union Workers Strike | AIN

Justice Department To Offer Boeing a Plea Deal Related to Max Crashes

Plane diverted to Brazil after turbulence injures 30

Global Industry News

Hampton Roads Executive Airport announces $10 million investment for future development

Research

Joe Petrie Editor & Chief | AviationPros

By Sky Industry News

Jul 19, 2024

Steven Fox, managing member of Virginia Aviation Associates LLC, discusses the latest $10 million investment into Hampton Roads Executive Airport and how they are building for the future of air travel.

"This investment is crucial for our long-term plans," said Fox. "We aim to enhance the infrastructure to meet increasing demand and ensure safety."

Fox highlighted that the funds would be used to upgrade runways, improve terminal facilities, and expand hangar space. The initiative aligns with their vision to transform the airport into a regional hub capable of accommodating larger aircraft and more passengers.

Get the Newsletter

Sign-up to receive weekly round up of news from Sky Industry News

By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

"The community will benefit from increased economic activity and job creation," Fox added. "This project is not just about aviation; it's about fostering growth in the region."

The expansion is expected to be completed within two years, positioning Hampton Roads Executive Airport as a significant player in regional air travel.