After seven decades, Penn State is getting out of the airport business

After seven decades, Penn State is getting out of the airport business

Penn State is selling the university-owned State College Regional Airport, which it established in the 1950s, to the Centre County Airport Authority.

Penn State Moves To Transfer Full Ownership Of State College Regional Airport To Local Authority

Penn State University is moving to sell State College Regional Airport to the Centre County Airport Authority (CCAA), pending federal approval. Both the CCAA board and Penn State’s Board of Trustees approved the proposed transaction on Thursday, February 27. The deal still needs the green light from the Federal Aviation Administration and other entities, a process the university says could take several months. Penn State currently owns the airpo…

Penn State Plans to Sell State College Regional Airport to Centre County Airport Authority

The Centre County Airport Authority would acquire full ownership of State College Regional Airport under a proposed sale approved by the authority's board and the Penn State Board of Trustees on Thursday. The transaction still requires the approval of the Federal Aviation Administration and other entities, a process that could take several months, according to the university. Penn State currently owns the airport on Fox Hill Road in Benner Towns…