Since then, a number of questions have been raised including: who is involved, what exactly we want to do, and why we feel we can help the Airports become better sources of economic development for the region. Now, having completed our due diligence and finalized several documents, We are ready to present our proposal to the public.
As such, we want everyone to have direct access to everything we have prepared – to be completely transparent. We want everyone to be able to see the answers to all the questions that have been raised; to be able to read our proposal in its entirety. We also want to invite anyone to comment on our plan. Included on this page is a “Contact Us” feature so that anyone with questions about any of our documents can provide feedback. Anything brought to our attention which we feel needs to be addressed will be included in revisions to our documents.
For the past three years we have been working on a vision for Toledo Express and Toledo Executive Airports to be run by a private operator capable of maximizing development opportunities as they present themselves. Since our concept has become public, the single greatest question we have been asked is: “what is your plan for the airports?” People have asked who our investors are, what we’re offering the City of Toledo in exchange for the opportunity to operate and develop the airports, how we plan to finance such a proposal, and more. Now, in this document, all questions are answered; the curtains are pulled back and anyone can see who we are, what we want to do, and how we plan to run things.
In August of 2013, our ideas for the privatization of Toledo’s airport operations began to gain traction. To gain even more understanding of what opportunities existed for Toledo’s airports, we hired one of the best aviation consultants in the world, Michael Hodges of Airport Business Solutions, to conduct a full marketability study for both airports. At our expense, Mr. Hodges visited Toledo, toured both airports, and spent considerable time meeting with us and business leaders at both airports to discuss the problems they face under current conditions, their plans for the future, and what we could do to help them achieve those goals. This document provides background information on the various aspects of aviation in the United States, from general aviation to international air cargo, and outlines all the various opportunities for marketing Toledo’s airports.
While we are predominantly known as a family-owned financial services firm, our partners have diverse backgrounds educationally, occupationally, and geographically. Our histories range from the mountains of Tennessee to the shores of Biscayne Bay, and from Miami University to the University of Miami. From multinational medical suppliers to independent oil companies and residential real estate development to commercial property management, our investors have gathered diverse experiences and personal networks which provide them with unique positioning to make Toledo’s Airports successful.