The Peachtree
City Airport Authority wants to bank heavily on bringing jet plane business
to Falcon Field.
The authority
hopes it will make more money selling fuel to jet operators than it could
leasing out parcels in Hangar Area B to other groups. The numbers presented
at the authority's meeting Wednesday night showed that the authority could
pull in a greater profit selling a minimum 2,000 gallons of jet fuel per
month to an operator rather than renting those areas out at the highest
lease rates that have been discussed.
So the authority
wants to offer free leases to jet operators who agree to purchase a minimum
of 2,000 gallons a month of jet fuel from the airport.
And 2,000 gallons
of jet fuel is a very small number compared to what some operations actually
use, said Airport Authority Chairman David Good.
The highest
monthly rent the authority has considered for the hangar area would bring
in $977 a month. But selling a minimum of 2,000 gallons of jet fuel would
bring in an additional $522 a month.
Of course,
the more jet fuel sold, the more the authority's profit margin would increase.
If an operation purchases 5,000 gallons a month, the authority would make
$1,772 more than if it leased the parcel to another operator.
Good said the
authority could guarantee competitive prices for jet fuel as long as it
"built in" the needed profit margins to the fuel price.
The authority
also considered the possibility that another company could want to come
in and take over the airport's fueling operation. If that happened, the
authority's compensation would be negotiated, Good pointed out.
After a detailed
discussion, the authority voted unanimously to prepare a marketing campaign
to attract the jet-based operators using the no-rent, minimum fuel purchase
scenario. The price quotes on developing brochures will be discussed at
the authority's next meeting.
In other business,
the authority re-appointed Good as chairman and H.E. Buffington as secretary.
The authority
also briefly reviewed its newly-revised master plan, which will be up
for official adoption at the authority's February meeting.







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