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By Guest writer
By: Michael Webber, president Webber Air Cargo
In 2008, I participated in a study examining the development of an all-cargo airport in northeastern Pennsylvania. What was proposed as a potential $505 million development was to kick off with a $250 million infusion of public cash from the Commonwealth of Pennsylvania. The consulting team was tasked with studying the potential economic impact and indirectly, the likelihood of success.
According to public information sources, local developers ? Gladstone Partners ? estimated that the airport ...
Comment on this article
Jens-Thomas Rueckert
August 21, 2012 at 1:33 pmExcellent reading. I hope that someone will dig up the shortcomings and fraudulent waste of German taxpayer money, overseen by self-assured political leaders in the case of the new German capital airport in BER as well.
Initially planned with a volume of 2.8 bn Euros, the total cost is now believed to be somewhere above 4.3 bn Euros. Shareholder being Germany, the city of Berlin (which is bankrupt anyway and exists because of federal German subsidies) and the state of Barndenburg, the taxpayer will again be forced to foot the bill for an airport which, even when eventually opened, will be too small to accomodate the planned traffic). So to me it seems that this is not an US domain but a common problem with large-scaled public projects.
Bob Orlando
August 22, 2012 at 11:51 amAgreed that Sen. Musto made the right decision here. However, other decisions made were not so honorable. Just thought you would be interested to know of this. He is still awaiting trial. His attorneys keep asking for delays because they claim the former senators health will not allow him to make it though a trial. Here is an article from the time of his indictment…. http://thetimes-tribune.com/news/after-indictment-musto-says-i-want-my-day-in-court-1.1067919
Michael Webber
September 11, 2012 at 12:57 amThank you for the update, Mr. Orlando. I’ve done no more work in that region since the study a few years ago, so was not aware of subsequent events in the lives of the legislative sponsors. After reading your note, I did check to find that Senator Baker is still serving in the legislature so at least there is that much continuity.
Again, thank you for reading and for commenting.
Regards.