Tuesday, August 05, 2014

Pitt-Greenville Airport (KPGV) could soon house corporate hangar - plane valued at $39 million

Greenville, NC | News | Weather | Sports - WNCT.com

GREENVILLE, N.C. - The Pitt-Greenville Airport is on its way to being the first in the east to house a corporate hangar. 

The Pitt County commission approved funding it, which would allow the airport to build it. It'll cost $2 million.   

The airport's executive director Jerry Vickers says a business is set to enter a long-term lease for the hangar, which will house a plane valued at $39 million. They're not releasing the name of the business.

Vickers says corporate hangars are in short supply and the positives of having one for the community are endless.

"If the city and county are getting a half million dollars of revenue, that reduces the pressure on local government to raise taxes or charge fees," explained Jerry Vickers, airport Exec. Director.

The hangar will sit on a 5 acre property near the airport's entrance.

It's a joint venture with the city, so Greenville must approve the project.

-- Source:  http://www.wnct.com



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