LPS Consulting completed a Business Plan and a draft Master Plan in 2009. Property taxes are paid to Cavan Monaghan Township and are recovered from tenants. The revenues reflect an increase due to leases, tiedowns and servicing cost recovery. The 2023 operating budget reflects an increase in day-to-day costs due to utilities, insurance, grounds maintenance of off-site properties and contractual services as to the Airport Management and Operations contract. This agreement is up for renewal in November 2023 and has options for two 3-year extensions. Loomex Property Management has completed ten of eleven years of their Airport Management and Operations contract. The Contract places the burden of supplying, maintaining and replacing equipment on the Contractor within the timeline of the agreement. ![]() The Airport Superintendent leads the Airport development activities, tenant relations and oversees the contracted service for airport operations. ![]() Aircraft movements are approximately 50,000 per year. Seneca College School of Aviation and Flight Technology is located at the Airport with 150 to 200 students attending classes. The Peterborough Airport is an active industrial park, containing 20 businesses and educational institutions, employing over 500 full-time plus seasonal employees. Peterborough Airport is an aviation industrial park, a service to area businesses, a community gateway for the public, tourism, business and general aviation.
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