April 07, 2006

Local Airport Sold

See it is not so far-fetched when I say sell ORH!!



Eagle Leasing buys Oxford AirportOXFORD -- The Eagle Leasing Co. (www.eagleleasing.com) of Massachusetts and Connecticut has purchased approximately 24 acres of land known as the Oxford Airport for $750,000 from Astro Wings Inc. and Oxford Airport Inc. Eagle Leasing, which specializes in leasing storage, road and office trailers as well as ground level storage containers throughout the Northeast, plans to use the site for storage and distribution purposes. The property was most recently used for non-commercial flights and the airport was decommissioned in October of 2005. William Kelleher, vice president, and Matthew Mayrand, associate broker, of Kelleher & Sadowsky Associates Inc. of Worcester, brokered the sale.

4 comments:

Joe Gargery said...

One of the main reasons Oxford Airport closed was because they were trying to compete with Southbridge, a municipal airport with gubmint funding.

Bill Randell said...

One of the main reason ORH may have to be sold is that they were trying to compete w/ Boston/Providence/Manchester/Hartford, all within an hour's drive. The only way they could survive was to sell off and join one of these airports.

Anonymous said...

Oxford Airport closed for several reasons. The main one is simply because the private owner simply lost interest. Also, business has decreased there over the years due to the deteriorating condistions there. The runway is cracked and has been taken over by grass, the buildings are outdated and in need of repair. Plus the fact that Oxford Airport is surrounded by trees making it a hard place to land and takeoff from. The owner, a local businessman in town, decided that the airport just wasn't generating enough revenue to keep up with increasing taxes and fees and after many decades, decided to close shop. The flight school that was there was relocated to Spencer

Joe Gargery said...

Conditions in Oxford were deteriorating, while The state and federal gumbint were pumping money into the competition (Southbridge).

Spencer has a shorter runway than Oxford, so taking off and landing should be harder for students, not easier.