Feasibility Study - Tillsonburg Regional Airport
Working closely with the Town of Tillsonburg, HM Aero was engaged to prepare a Feasibility Study to assist the Town in further understanding their regional airport, the role the facility plays within the community, how it is governed, and how the its operation, management and development processes and procedures compare to similar airports. Regulatory requirements applicable to registered aerodromes were also clarified for the Town as part of the study, including owner obligations as they relate to security, and land use planning and development.
An extensive stakeholder engagement program was completed to support the study and input received enabled the HM Aero project team to identify appropriate revenue generation strategies for the Airport, including negotiation methods for increased contributions by partner municipal governments, and through optimization of their current Airport rates and charges.
The study concluded that the Airport is an asset to the region, is performing well financially, and provides adequate facilities to attract additional aviation activity and business development. HM Aero provided recommendations within the study, including but not limited to: changes to the airport governance model; refinement of the airport development approval process; completion of an airport master plan; and establishment of a primary security line and related signage.
Client: Town of Tillsonburg
Services:
Stakeholder Engagement
Financial Review
Airport Governance
Rates and Fees Review
Regulatory Review
Project Completed: October 2019