An aerial view of property at Lincoln Airport in Nebraska where Burrell Aviation plans to pay for and build cargo terminals. [Courtesy: Lincoln Airport Authority]
Key Takeaways:
Burrell Aviation offers a "cargo-hub-in-a-box" solution to regional airports, leveraging the demand for expedited logistics and addressing capacity shortages at major air hubs.
The firm provides a comprehensive package of financing, construction, marketing, leasing, and operation for air cargo facilities in exchange for exclusive long-term ground leases.
Burrell's strategy involves proactively identifying promising, underutilized airports and quickly developing "shovel-ready" cargo infrastructure through public-private partnerships.
This model aims to help regional airports generate new revenue, create jobs, and attract freighter airlines and logistics companies by rapidly transforming them into vital air freight hubs.
Editor’s Note: This article originally appeared on FreightWaves.com.
A boutique investment group is offering underutilized airports outside congested metropolitan areas a cargo-hub-in-a-box aimed at quick-starting infrastructure development to take advantage of demand for expedited logistics and overflow volumes.
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Eric is the Air Cargo Market Editor at FreightWaves. An award-winning business journalist with extensive experience covering the logistics sector, Eric spent nearly two years as the Washington, D.C., correspondent for Automotive News, where he focused on regulatory and policy issues surrounding autonomous vehicles, mobility, fuel economy and safety. He has won two regional Gold Medals from the American Society of Business Publication Editors for government coverage and news analysis, and was voted best for feature writing and commentary in the Trade/Newsletter category by the D.C. Chapter of the Society of Professional Journalists. As associate editor at American Shipper Magazine for more than a decade, he wrote about trade, freight transportation and supply chains. Eric is based in Portland, Oregon. He can be reached for comments and tips at ekulisch@freightwaves.com