Lehigh Valley International Airport Identifies Likely Buyer For 298 Acres

Aerial photo of Lehigh Valley International Ai...

Aerial photo of Lehigh Valley International Airport (IATA: ABE, ICAO: KABE) in Hanover Township, 2005 (Photo credit: Wikipedia)

The Lehigh Valley Industrial Park has emerged as the most likely candidate to buy 298 acres from Lehigh Valley International Airport.

The airport has been negotiating since September with several local developers interested in the land east of Airport Road in Hanover Township, Northampton County.

While the purchase is far from finalized, LVIP has emerged as the frontrunner in talks, largely due to the large amount of job creation expected from their prospective development.

“Between the FedEx project and this second piece with the LVIP, we’re going to end up with a lot of small to medium businesses and have an opportunity to create a lot of jobs,” saidTony Iannelli, chairman of the Lehigh-Northampton Airport Authority.

Read more: http://www.lehighvalleylive.com/breaking-news/index.ssf/2014/01/lehigh_valley_international_ai_26.html

Enhanced by Zemanta

Lehigh Valley Airport Sells Land For $9.6 Million

Aerial photo of Lehigh Valley International Ai...

Aerial photo of Lehigh Valley International Airport (IATA: ABE, ICAO: KABE) in Hanover Township, 2005 (Photo credit: Wikipedia)

Lehigh-Northampton Airport Authority agreed Tuesday to sell 253 acres of surplus airport property to the Rockefeller Group so that it can be developed into a massive Fed-Ex Ground warehouse that could employ more than 1,000 people.

It’s a deal that could solve many of the airport’s financial problems, but it also comes with some risks. The money could take as long as two years to come, while the airport needs as much as $5 million of it by the end of next year. And if Fed-Ex decided against building in Allen Township, the airport could end up getting nothing.

In a separate move, the authority also gave Rockefeller the first option to buy another 281 acres, and encouraged the airport staff to begin negotiating to sell another 298 acres to local developers that include Lehigh Valley Industrial Park Inc.

“We know the clock is ticking and we have a [financial] gun to our head,” said authority chairman Tony Iannelli. “But this [project] is for real. We’ll all be keeping our fingers crossed.”

Read more: http://www.mcall.com/news/breaking/mc-allentown-airport-authority-meeting-20131022,0,881921.story#ixzz2iUfo7CgL
Follow us: @mcall on Twitter | mcall.lv on Facebook

Lehigh Valley International Airport To Have International Flights

Aerial photo of Lehigh Valley International Ai...

Aerial photo of Lehigh Valley International Airport (IATA: ABE, ICAO: KABE) in Hanover Township, 2005 (Photo credit: Wikipedia)

For the first time, Lehigh Valley International Airport passengers could soon be taking direct flights to places like Mexico, Puerto Rico and Jamaica.

The authority that runs the cash-strapped and passenger-starved airport Tuesday endorsed a $5 million plan to add a U.S. Customs station that would allow LVIA to have flights out of the country as early as 2014.

Embarking on a multimillion-dollar project will not be easy for the struggling airport.  But the Lehigh-Northampton Airport Authority supported a plan to accept a $1.5 million state grant and take out loans for $3.5 million to build an inspection station.

The board believes the station will keep thousands of fliers a year from using other airports to go to places like Cancun, San Juan and Montego Bay.

Read more:  http://www.mcall.com/news/breaking/mc-allentown-abe-airport-international-20121218,0,4105822.story

Lehigh Valley’s Airport Cuts Workers, Services

Aerial photo of Lehigh Valley International Ai...

Aerial photo of Lehigh Valley International Airport (IATA: ABE, ICAO: KABE) in Hanover Township, 2005 (Photo credit: Wikipedia)

Bowing under the weight of massive debt and dwindling passengers, Lehigh Valley International Airport officials acted Tuesday to eliminate a dozen jobs and cut services such as valet parking and the airport parking shuttle.

The $19.6 million 2013 budget will mean minor inconveniences for passengers who will soon have to park their own cars, book their own flights and walk from even the most distant parking areas, but the heaviest burdens are being shouldered by airport workers losing their jobs.

Among the 12 jobs being cut Jan. 1 are seven grounds crew and ticket-counter workers, a construction manager and the airport’s only travel agent.

Read more:  http://www.mcall.com/news/breaking/mc-allentown-abe-airport-budget-20121127,0,4515215.story

Passenger Traffic Plummets At Lehigh Valley International Airport

Aerial photo of Lehigh Valley International Ai...

Aerial photo of Lehigh Valley International Airport (IATA: ABE, ICAO: KABE) in Hanover Township, 2005 (Photo credit: Wikipedia)

Anyone walking into Lehigh Valley International Airport will notice the shiny new terrazzo floor, the modern glass architecture and the new LV Cafe — the result of a $14 million makeover that took three years.

But what is also noticeable is that lately there are relatively few passengers to enjoy the new amenities.

Passenger traffic has plummeted at LVIA after three airlines left in the past year, and airport administrators will soon announce “austerity” measures that could include job cuts, fee increases and business contract reviews.

Analysts say it’s part of a national trend in which skyrocketing fuel costs have prompted air carriers like American to pull their planes from smaller regional airports. And with no relief in sight for jet fuel prices that are up 443 percent over a decade ago, it’s a situation that’s likely to get worse before it gets better.

Read more: http://www.mcall.com/news/local/allentown/mc-allentown-abe-airport-traffic-20121013,0,1104899.story