Oswego County Airport Business Plan
R.A. Wiedemann developed a business plan for Oswego County Airport, in New York State. It was the Sponsor’s desire to attract corporate aviation, develop new hangars, expand FBO services, restructure leases, and improve the Airport amenities by standardizing the ILS approach slope so it can be used by corporate aircraft. These items were covered in the business plan along with three primary strategic initiatives:
- Attraction of Corporate Aviation: Physical improvements to the Airport and a strategic shift toward the attraction of corporate aviation is known to bolster fuel sales revenues and on-airport employment. Corporate and business aviation represent a large, lucrative segment of the general aviation market. The location of the Airport near Syracuse created a natural market area for corporate aviation. To attract corporate aviation, the Airport needed to improve its instrumental landing system and its services for corporate clients.
- Hangar Development: In concert with the marketing of corporate aviation, the County needed to develop or encourage the private development of aircraft hangars. Growth of the corporate aviation market segment depends, in part, on the availability of adequate hangar facilities. It was estimated that 15,000 square feet of conventional hangar space would be needed to attract two corporate jets to the airport within the planning period. In addition, it was estimated that at least 20 T-hangar units would be needed over the next 5 years.
- Flight Training: It was determined that if SUNY Oswego leadership could be convinced of the feasibility of establishing an aviation management and flight training curriculum, the Airport would benefit from such a program. Because the General Aviation activity generated by the flight school would jobs and revenues for the Airport, it was recommended that this activity be encouraged by the County.