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Millionaire Sitt Invests $1 Million To Improve NYC Airport Infrastructure; Launches Global Gateway Alliance

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Sitt, CEO of Thor Equities is taking it upon himself to improve the infrastructure of New York City’s airports. ” Sitt continues, Our airports are often the first and last impressions visitors have of our City and country, and every bad first impression has a direct impact on economic activity. .”

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Industry Focus: Global Aerospace Production Soars To New Heights

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According to Deloitte’s 2014 Global Aerospace and Defense Outlook , the commercial aerospace sector is expected to experience significant growth this year, driven by continued record-setting production levels at assembly facilities and throughout the aerospace supplier network. By Shana Daley. From the July/August 2014 issue.

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Flying Without Altitude

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When the ribbon was cut on a redesigned and expanded Pittsburgh International Airport (PIT) in 1992, economic development planners had every reason to hope that this world-class facility would drive growth in the region for decades to come. This year, only 300 flights and about 8 million passengers will travel through PIT.

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Industry Focus: Aerospace Sector Is Flying High Again

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A fter several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., Aerospace & Defense Labor Market Study. percent, of which about 185,000 jobs were lost in the defense subsector. Aerospace and defense sector companies paid $7.7

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The Drone Age

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The two remaining sites were in the middle of heavily traveled air corridors in the East: New York’s Mohawk Valley and Virginia Tech (in a joint effort with Rutgers University in New Jersey). billion to create a global shipping hub for its growing fleet of traditional cargo aircraft at Cincinnati/Northern Kentucky International Airport.

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STATE FOCUS – Ohio: Slow And Steady

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The addition of the Residence Inn and Eastwood Banquet Center to the Eastwood Mall in Niles will make travelers’ visits to the Valley more convenient and comfortable. The Marion Airport Industrial Park has shovel ready sites with access to the Marion airport. By Dominique Cantelme. From the July/August 2013 issue.

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INDUSTRY FOCUS: Points of Entry for Cash-Rich Cargo

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Developers, investment interests and supply chain executives remain optimistic about our nation’s seaports,” said John Carver, head of JLL’s Ports, Airports and Global Infrastructure (PAGI) group, “Influenced by an evolving maritime logistics industry, global and trade transformations such as the extension of the Panama Canal and growth of U.S.