Chattanooga Airport officials may be eyeing a solution to the ongoing dispute with general aviation operator TAC Air.
Officials are believed to be talking to TAC Air about a potential buyout of its operations at the airport.
The airport’s finance committee met today and is believed to have discussed the issue. However, the panel went into a closed session.
Airport authority chairman Dan Jacobson said after the meeting that there are discussions between the airport and TAC Air.
He declined to specify the nature of the discussions. When asked if they involved a possible buyout, he said, “We’ll see.”
Airport officials declined further comment.
The airport and privately-held TAC Air have been engaged in a battle since Lovell Field officials announced the construction of a competing general aviation terminal several years ago. That terminal, run by Wilson Air on the west side of the airport, has been a money loser. But airport officials have said that the losses are narrowing.
Read more in tomorrow’s Times Free Press.
Mike Pare, the deputy Business editor at the Chattanooga Times Free Press, has worked at the paper for 27 years. In addition to editing, Mike also writes Business stories and covers Volkswagen, economic development and manufacturing in Chattanooga and the surrounding area. In the past he also has covered higher education. Mike, a native of Fort Lauderdale, Fla., received a bachelor’s degree in communications from Florida Atlantic University. he worked at the Rome News-Tribune before ...