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Potomac Highlands Airport Authority Seeking Loan Forgiveness From MAA

March 16th, 2017 by WCBC Radio

Having been unable to secure a permanent commuter air service to operate out of the Greater Cumberland Regional Airport- the Potomac Highlands Airport Authority is looking to get out from under a $1.8 million loan from the state of Maryland. The 40 year agreement was signed back in 1999 to help complete the construction of a commercial airline hanger in support of efforts to attract and retain a commuter air service. While there were a few service providers over the years – they were all short lived. With an annual debt service on the loan costing the PHAA more than $62,000 annually- the Authority is seeking loan forgiveness from the Maryland Aviation Administration. Allegany County Commissioner Creade Brodie Jr., a former PHAA member, supports the request…





  

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