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

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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.

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"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.