Airport Funds in Jeopardy



TRENTON — Being close counts in horseshoes, but not federal entitlement funding. And that could cost the county airport $850,000.

 

Projections through the end of the year indicate that the number of paid passengers boarding planes at the Hancock County-Bar Harbor Airport will fall short of the threshold required for the airport to secure $1 million in federal funds.

Airports that board at least 10,000 paid passengers in a calendar year are assured that the Federal Aviation Administration will award the airport $1 million in entitlement funds from its Airport Improvement Program for capital improvements. Falling short of the 10,000-enplanement threshold means the airport’s entitlement drops to $150,000.

Airport Manager Allison Navia said commercial airline reservations through December indicate that the airport will come up about 47 passengers shy of the threshold.

For more business news, pick up a copy of The Ellsworth American.

 

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