The Massachusetts Port Authority, which operates Boston Logan International (BOS) and Hanscom Field (BED), has formed an agreement with the city of Worcester to buy its airport.
The city agreed to sell Worcester Regional to Massport for $17M, which includes cash payments and permanent land transfers. The deal must be approved by the Worcester City Council, the Massport board of directors and the Federal Aviation Administration. The agreement takes effect July 1.
“Worcester Regional Airport is a strategic asset and a potential economic engine for Central Massachusetts,” says Andrew Davis, aviation director for Massport. “No one is building new airports in the New England region, and runways are valuable assets that must be maintained for the economic health of the region. Massport and the FAA view the airport as an important element in the long term for providing New Englanders access to the national airspace system.”
Thomas Kinton Jr., executive director of Massport, told the Worcester Telegram & Gazette that passengers are not expected to notice anything different; he did add, however, that the agency plans further development of corporate air and expanded passenger services, and will work with local officials to make car access easier.
Subscribe to ARN now! Click Here
