Sat, Nov 20, 2010
New Runway Is The Largest Capital Improvement Project in
Airport History
What does ten years and $60 million get you? How about a dream
runway at the Akron-Canton Airport (KCAK). At 1120 EST Thursday,
airport officials commissioned the single largest capital project
in airport history, the extension and safety upgrade of runway
5/23. The mammoth project is the centerpiece of the airport's
comprehensive capital improvement program -- CAK 2018. More
than 120 guests witnessed the inaugural departure of an AirTran
Airways Boeing 737 jet after a brief ribbon-cutting ceremony on the
runway.
"This is a very special day at the Akron-Canton Airport," said
Rick McQueen, president and CEO. "This runway signifies more than
just new pavement, it provides a path forward; to new destinations
and new opportunities for decades to come. The improved 5/23 truly
is our crown jewel and a vital piece of aviation infrastructure for
the region."
The improvements to Runway 5/23 include an additional 800 feet
of runway length and a vital safety upgrade on the end of Runway 5.
The project was born in 2000 as part of a nationwide Runway Safety
Area improvement mandate. After careful consideration and a needs
justification, the airport and the Federal Aviation Administration
(FAA) decided to include the extension; adding to the project's
impact and regional significance. After various federal approvals,
construction began in late 2005. The total runway project cost $60
million. Most of the funding to support the Runway 5/23 project
came from the FAA's Airport Improvement Program funds. The airport
contributed five percent of the total project cost out of operating
revenue. No bonds or other financing tools were used to finance the
project.
Akron-Canton Airport kicked off CAK 2018, its 10-year,
$110-million Capital Improvement Plan in 2008. The centerpiece of
CAK 2018 was the extension and safety upgrade of Runway 5/23. Other
projects include a new aircraft firefighting and rescue building
and a federal inspection facility.
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