R.A. Wiedemann & Associates, Inc., was selected to assist in the development of the Rutland Airport Master Plan, specifically to complete the forecasts of aviation demand and the financial analyses.
The forecasts were completed and showed slight activity growth, including continued service by Essential Air Service carriers (currently Cape Air) and a changing fleet mix to larger business aircraft. In addition, R.A. Wiedemann developed the proformas for the Airport revenue and expense projections.
Because the Airport is operated by the State of Vermont, there were a number of recommendations for standardizing the methods for recording revenues and expenses. In addition, recommendations for lease policies, FBO management provisions, and rates and charges were made. Issues such as fuel flowage fees, fuel farm ownership, hangar rentals, terminal space usage, and other items were addressed as a part of the financial plan.