Plan to privatize Toledo airports rolling out - News, Weather, Sports, Toledo, OH

Plan to privatize Toledo airports rolling out

TOLEDO, OH (Toledo News Now) -

A plan to have the two Toledo airports go private is about to go public. Dock David Treece says he's getting ready to roll out his plan to privatize operations at Toledo Express and Toledo Executive Airports, which would include an option to purchase.

Treece says his due diligence has been done, and he believes his plan would address how the airports are a drain on public tax dollars. He says he wants to help attract new business to the area, such as scheduled charters, defense contractors, repair shops for older aircraft, and commercial airline maintenance facilities. He also believes Toledo Executive Airport would be a great place to develop pilot training facilities.

 According to Treece, business at both airports would take off if the private sector was in control.

"The amount of time it takes from when a company first becomes interested in Toledo Express or Toledo Executive Airport until the time it takes to start construction of a facility or expansion of an existing facility is far too long, and as our consultants have told us, time kills all deals," he said.

Treece says in the near future he's going to post his proposal online for all to see and review.   

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Copyright 2013 Toledo News Now. All rights reserved.

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