Strategic Business Plans

Piper Memorial Airport Business Plan, Lock Haven, PA: 2010

R.A. Wiedemann & Associates, Inc., was selected to perform a business plan for Piper Memorial Airport in Lock Haven, PA.  The airport is the former home of Piper Aircraft manufacturing.  That company relocated to Vero Beach, FL in the early 1980s after a significant flood damaged their factory and aircraft inventory.  Since that time, the airport has had difficulty in breaking even on a financial basis.  Revenues are primarily from hangar rents and fuel sales.  The airport has less than 4,000 feet and thus has difficulty attracting corporate aviation.  The business plan will focus on methods of increasing revenues, cutting costs, and bringing through-the-fence operators into a contractual relationship with the City.

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