They still have no commercial service but check out their numbers year to date. Not only are they not losing $2,000,000 per year but they have a slight profit ytd..
Reporting on the airport's financials, the airport is showing an improved financial condition for the year, so far beating its budget by $64,983. For October, reported operating income is at $101,721 against operating expenses of $68,186, and total net income from operations at $33,535.
Year-to-date, total operating income through October was $943,963 against operating expenses of $885,243 through October. Total net income from operations so far this year is $58,720.
Same Time Next Year
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It’s been nearly a year since I wrote about the problems that come from
having 11 bosses who are not on the same page about anything, as well as
suggestion...
5 months ago
2 comments:
The IMG report states that running ORH as a GA only airport will still cost $3,000,000 per year. Maybe Worcester should have hired the people running Youngstown instead of IMG
ORH has one up on YNG: an airline
YNG has one up on ORH: a profit
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