TUPELO — Tupelo Regional Airport executive director Josh Abramson says struggling finances and fewer passengers require a change in the financial relationship between the airport and the city of Tupelo.
The Northeast Mississippi Daily Journal reports that after meeting in closed session yesterday about a lease at the airport, City Council members did not take any action.
However, Abramson says the airport needs more financial support from the city.
The facility needs at least $700,000 for repairs to a runway to support landings for Universal Asset Management. The company brings in large aircraft, takes them apart and recycles materials. Universal Asset Management has a 20-year lease at the airport.
— Northeast Mississippi Daily Journal