Rectrix takes off at Worcester Regional Airport
November 7, 2012, 05:04 pm
Massachusetts Lieutenant Governor Timothy Murray, along with Congressman Jim McGovern and the Massachusetts Port Authority, recently announced that they are committed to Rectrix Aviation and are launching the company's business operations in Worcester Regional Airport.
Rectriz provides private jet, aircraft management and fixed-base operation services in Florida and Massachusetts. The announcement places the company as the official provider at the Worcester Regional Airport.
"Worcester is an ideal location between Boston and New York, and we're excited to mark the official launch of business operations here," said Rich Cawley, president and CEO of Rectrix Aviation. "The general aviation industry contributes hundreds of millions of dollars to our local economy, and we're committed to bringing new jobs and economic growth to Massachusetts."
McGovern said the announcement is great news for aviation in Massachusetts and for the greater Worcester community. He added that he is excited to welcome the company and thrilled they will be part of the future of Worcester Regional Airport.
Rectrix was recently awarded a multimillion dollar contract from Massport to increase fixed-base operation services and are using the money for the Worcester development, which will create 100 news jobs. Rectrix is also investing nearly $5 million for a new hangar and office space in Worcester, totaling 27,000-square-feet.
"Governor Patrick and I are thrilled to welcome Rectrix Aviation's business expansion to Worcester Regional Airport," said Lieutenant Governor Timothy Murray. "With this investment, Rectrix is not only expanding its footprint in Massachusetts but also supporting the state's aviation industry and regional economy."
The general aviation industry is crucial to the U.S. economy. Including airports, maintenance facilities, manufacturers, suppliers and other supporting businesses, the industry accounts for $150 billion in the United States and more than 1 million jobs. The industry is equally critical to Massachusetts, with 30 general aviation airports generating more than $43 million and supporting 4,300 jobs in 2010.
The Springfield-Branson National Airport in Missouri also hopes to ramp up general aviation activity with improvements to its terminal. Airport officials are planning to add new hangars to the terminal to increase business aviation in the area and keep current customers happy. General aviation accounts for $1.4 million, or 11 percent of the airport's budget.
Considering the crucial impact of general aviation in the United States, pilots are encouraged to consider pilot insurance to ensure their families are financially secure.
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