Pilot Buys Own Private Airport - Hampton Roads Executive Airport

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Күн бұрын

Hampton Roads Executive Airport flypvg.com
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On my recent trip to Virginia beach, I met with Steve Fox. Steve is a Pilot and businessman who along with his partners, Jack Fox and Andy Gibbs purchased Hampton roads airport from Gateway L.L.C. through bankruptcy proceedings in May of 2000. They had initially purchased only 230 acres of the airport and later used $4.7 million supported by the FAA and DOAV to purchase an additional 404 acres in June of 2001 for the construction of new runways, and for future development of the airport.Ownership did change in the next few years. Steve Fox now owns the majority of VAA and directs its multi manager team and future. Now consisting of 634 acres, improved with 2 paved runways, various taxiways, 170 T-hangars, 35 corporate hangars and 2 office/terminal buildings, KPVG ranks in the top two busiest non-towered airports in Virginia. With approximately 250 based aircraft, KPVG is currently designated as a reliever airport for Norfolk International Airport. Steve continues to commit to the airport’s growth and improvement. Current and future plans include an additional 350,000 SF of hangars, 20,000 SF of offices and 500,000 SF of warehousing and air freight facilities. His goal is to turn KPVG into a model for privately owned general aviation airports.
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Пікірлер: 55

@SamBirchenough 4 жыл бұрын

great to see how a change to simply a more motivated owner can have such a big effect

@USNVA11 4 жыл бұрын

My aircraft is based out of KCPK, Chesapeake Regional Airport, KPVG’s next door neighbor. I have been really impressed by their progress in the last two decades. I have no doubt that they will continue to be successful and add value to Southeastern Virginia’s aviation community.

@deanmerculief2966 4 жыл бұрын

I Love what you have done for not aviation in general but how you have addressed everything aviation and made it what it is today. Keep up the excellent work and Godspeed on your future endeavors.

@pilotmasher 4 жыл бұрын

This was one of the overnight stops on my trip around the US - right after landing at First Flight in NC. Great airport and really nice folks!

@careylogan8455 4 жыл бұрын

Mike, started watching you about 3 months ago and have been an off and on viewer. lately the quality and level of information you have been putting out on the aviation industry has impressed me. you are headed in the right direction. I am now a subscriber. please continue to put out these great videos. It is great to see the business side of aviation and learn about the people that make it happen for the rest of us. Luv ya dude, keep up the great work.

@randyporter3491 4 жыл бұрын

While building time in the 80’s, I worked at a couple of older-style FBO’s. One, at an international airport, was one of a string of FBO’s on the field. We maintained a majority share of the business on the field, in spite of our older look and amenities. Oddly, it was that older, classic feel, our customers liked, including some big celebrities, that were regulars. What I see here, reminds me of that, but nicer. This is a beautiful terminal, but with that less-corporate feel. Congratulations on saving this great airport and the unique vision you have had for it. I will certainly visit. Safe skies !

@FarrellMcGovern 4 жыл бұрын

I really liked that. Although it was almost an infomercial, Steve Fox is a great speaker, and he is obviously very passionate about aviation, and the airport he owns. If only more businesses out there were owned by those who are both are passionate about the business they are engaged in, and know how to run a successful business, rather than being run by accountants.

@romainj4820 4 жыл бұрын

One of the best interview, am a Jamaican never traveled but always fascinated about planes and flying

@mikehatley9393 4 жыл бұрын

Wonderful interview! Keep up the good work

@dchesley5822 4 жыл бұрын

Love this airport. Landed there when taking my daughter back to college (Old Dominion)... very nice facility and friendly staff. Look forward to the next time I get to go there.

@mentonish 4 жыл бұрын

Its nice to see some one who is appreciated

@garrygballard8914 4 жыл бұрын

Beautiful place. Must be lots of interesting activity there. Looks like a fun place to hang out.

@timpropilot 4 жыл бұрын

Great interview!!

@terrymarsh8094 4 жыл бұрын

Wonderful broadcast Mike! Keep up the good work, as always thanks and one love 💕

@xosstv1691 4 жыл бұрын

Wow this a pretty cool video, so informative!

@Bugkiller666 4 жыл бұрын

Wow pretty cool interview. Loved you are giving us the point of view from there other side. Not jut Pilot. I learned something today. Thanks Mike !!

@tonym3675 4 жыл бұрын

Bugkiller666 Couldn't have said it better. Thanks Mike

@samrega9842 4 жыл бұрын

This is an educational video , too. From the perspect of owning an airport. Thank you for sharing.

@gxlbiscuit 4 жыл бұрын

I started flying at PVG in 1996!!! I had my first GA flight here. I will always have a soft spot for this place.!

@AV8OR51 4 жыл бұрын

Great video, Mike!

@Anonymous99997 4 жыл бұрын

I pass by that airport all the time on the way to the beach.

@MarcusLeepapi 4 жыл бұрын

God Bless...Continued success...

@HDdyna2008 4 жыл бұрын

What a fantastic story. And do I wish it was in my town. Ours is old run down hasn’t had a new T hanger in 50 years

@97TRAKIN 4 жыл бұрын

I used to drive past that airport everyday on my way to work.

@zap2002 4 жыл бұрын

Good video. I'm going to make this a stop on my cross country.

@Bender2497 4 жыл бұрын

I've flown in there....great airport.

@Karl__Pierre 4 жыл бұрын

Dope!

@lukashoenderken8943 4 жыл бұрын

Did all my checkrides there in early 90. Great airport.

@cessnaking2000 3 жыл бұрын

I used to fly out of there, great place!

@derzent2690 4 жыл бұрын

Nice video keep it up

@richardmorholt1175 4 жыл бұрын

Thank You for saving a legacy.

@aspoonfulofknowledge 4 жыл бұрын

Impressive! Great interview. Investment opportunities?

@RodClarkson 2 жыл бұрын

This is where I hangar my Skyhawk.

@orf_av8or303 4 жыл бұрын

Flown out of there once

@j.walker3498 2 жыл бұрын

Does anyone still build residential airparks?

@coryflys 3 жыл бұрын

I'd love to own my own private airport in the future.

@BearMeat4Dinner 2 жыл бұрын

How many acres long do I need for a private runway? I'm in upstate NY with 15 or so acres. I want to build my own private runway. Got any good tips???! Ty!!!

@mojogrip 2 жыл бұрын

A good 24 acres depending on size of runway

@vincemanueleshow 4 жыл бұрын

Don’t you hate it when you accidentally buy an airport.

@AviationNut 4 жыл бұрын

Yeah I hate when that happens, just yesterday I purchased North Korea by accident. I can't wait to be a dictator, heads will be rolling.

@chantzfreiheit4874 4 жыл бұрын

What is the plane in the thumbnail

@zebwoody9979 4 жыл бұрын

Are you part of the BPA ( black pilots of America)?

@NatureRecycleFlorida 4 жыл бұрын

neat

@RT10Viperman 4 жыл бұрын

I was 667 Mike...!

@bggalvan4973 4 жыл бұрын

5:34 lol😂

@eghosaagbonlahor4824 3 жыл бұрын

I’m here

@genrihshvartckopff521 4 жыл бұрын

да... уважаемый... не в россии вы живете... повезло однако со страной

@Joe-jb1jf 4 жыл бұрын

Not big deal .

@michaelfraser5723 Жыл бұрын

grants , or how to get tax dollars back; congratulations

@btyt152 4 жыл бұрын

First comment

@renatoigmed 4 жыл бұрын

If I had been Bill Gates, I would have long bought the land on which Meigs Field Airport was located - which was stupidly closed because the Senate had not approved renewal of the business license for another 25 years and a mayor (Richard M. Daley - probably leftist send bulldozers demolish the runway without warning in 2002 - I would rebuild the airport and its structures exactly as it was before it was destroyed and finally could actually fly as I always did when flying the first MS Flight Simulators 😁

@AviationNut 4 жыл бұрын

Yeah I agree, I couldn't believe when I turned on the news in the morning and found out that my favorite little airport was all torn up by bulldozer. I live 4 miles from where the airport was located and remember going there with my father and watching the planes. That airport could have been very profitable for Chicago if it was under the right management. To this day I still can't believe that our stupid Mayor ordered the airport to be destroyed without anyone knowing, some news stations at first thought that someone with a bulldozer simply went crazy and destroyed the runways, then they found out that it was the mayor that ordered the destruction of the runways.

@wayneco 4 жыл бұрын

Daley did this after taking about a billion from the feds for expansion of OHare Airport with the understanding that Migs would continue to run. Daley got his funds and the next day he ordered Miegs destroyed. I read because his wife didn’t like it, she wanted it to be a park, but that may be hearsay.

@amilton2128 3 жыл бұрын

$38,000,000 in Government grants. That’s taxpayer money. That’s corporate socialism alive and well in USA. Good for the economy and the taxpayer. Don’t ever let the word ‘socialism’ scare you…… Too many politicians are trying though. Great video.