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Sat, Nov 20, 2010

Akron-Canton Airport Commissions Runway 5/23

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.

FMI: www.akroncantonairport.com

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