Kaplan Kirsch & Rockwell is honored to have represented the Tweed New Haven Airport Authority in reaching a transformative public-private partnership with airport operations and management specialist Avports for the management and development of the airport. This deal brings private investment enhance to the existing terminal and a new terminal, a runway extension, and other airport improvements, new jobs, and reliable, low-cost airline service to southern Connecticut.
The first of its kind in the nation to pair parallel private airport management and development services in this manner, the agreements executed this week will lease airport property for the terminal and aeronautical businesses while continuing the 20+ year history of professional management by Avports on the remainder of the airport on behalf of the public and the Airport Authority. We are proud to have worked with BJSA, Inc. as the Airport Authority’s financial partner and Updike Kelly and Spellancy as Airport Authority general counsel on this deal. Congratulations to the Tweed New Haven Airport Authority and Executive Director Sean Scanlon!