Airlines Demise Focuses Gary-Chicago on Cargo
With the demise of Ohio’s Skybus airlines, the third such airline seeking bankruptcy protection in just over a week, Indiana’s Gary-Chicago Airport, a brief Skybus destination, will now look to cargo operations to fill the void left by the Skybus grounding.
Occasional aviation nemesis, Chicago Mayor Richard Daley pointed recently to air cargo as a way Gary-Chicago can maintain its viability, the Mayor commenting optimistically that the airport may eventually become “the hub of cargo coming in throughout the world.”
Such optimism aside and despite being located alongside several industrial facilities and having apron space at the airport extended in 2005 to accommodate existing cargo operations, the ability of the airport to attract air cargo operators remains in doubt.
In January of 2006, the state of Indiana received almost $90 million dollars of federal funding towards an expansion program at the Gary-Chicago, the program designed to improve both passenger and cargo facilities at the airport.
Source: TradingMarkets.com and Gary-Chicago International Airport
