Quesnel Council seeks funding to see if new airport hangar makes sense
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Quesnel Airport (GHenderson-MyCaribooNow-staff)
Quesnel City Council has approved a funding application to the Northern Development Initiative Trust to look into the possibility of building a new hangar out at the airport.
It is for a 10 thousand dollar grant from NDI’s Capital Investment Analysis funding program.
Lindsay Blair is the City’s Community Development Coordinator.
“This project is for an airport hangar investment analysis which will provide a business case and estimate the expected cash flow of a new hangar, access the riskiness of those flows, determine the need for a new airport hangar, estimate the appropriate opportunity cost of capital, and determine the project’s profitability and break even characteristics.”