R.A. Wiedemann & Associates, Inc. was selected to perform a business plan for Dutchess County Airport (Hudson Valley Regional Airport). The purpose of the business plan was to develop decision-level information that the County could use to chart the future course of the Airport.
To accomplish this, an examination of the financial production of the Airport was made and reported in pro formas. In addition, the plan studied operational and managerial issues to determine if there were better or more efficient methods that could be used.
The plan was founded upon an understanding of current activities at the Airport and set forth options to address a number of key areas: marketing for aviation users and non-aeronautical business, potential areas of development on Airport property, the possible need for new hangar space, the desire to increase corporate use of the facility, and capitalizing on a number of growth opportunities in the Lower Hudson River Valley.
The recommended plan of action from this report rested on four primary strategic initiatives:
- Airport/Dutchess County Aviation Branding and Marketing
- Hangar Development and Activity Growth
- Non-Aeronautical Land Development
- Expanded Business and Local Partnerships