By George Bald and Tom Sedoric
We have followed with great interest the story surrounding Pease Airport, its sole Fixed Base Operator (FBO), and the proposal to introduce an additional FBO (thus competition) from a national operator of airport services – a company named Million Air.
We are not pilots but know a few and have served the State in multiple roles in decades past. We were both present when Doug Scamman and the late Senator Ed Dupont’s leadership created the Pease Development Authority (PDA).
Sadly, as newsrooms across the country have lost talented investigative journalists, we rarely hear as the famous radio commentator Paul Harvey said “the rest of the story.”
The reality of the efforts to keep another FBO from operating at PDA has little to do with water quality because the PDA is known for its high standards in protecting the environment. Containment standards are higher today than when the bankrupt PanAm first installed the fuel tanks now owned and operated by Port City Air, the sole FBO.
The “rest of the story” is that Port City Air (PCA) wishes to retain its lucrative monopoly at Pease. PCA is cloaking itself as the environmental protector of the public interest.
PCA is no protector and is simply opportunistically seeking to retain its monopoly at Pease. And interestingly, if PCA is allowed to maintain its monopoly, the significant federal funding (FAA) that supports jobs and environmental compliance at a small airport like Pease could evaporate on short notice.
That would not be good for Pease, the PDA, our environment, or our community. By all accounts, Million Air is a first-class FBO with installations all around the country serving the private air industry.
The PDA leadership has done their job and the site review was done to much higher standards than when PanAm’s tanks were first installed, and later acquired by PCA. There should be no reason to prevent having a second FBO and healthy competition at Pease or elsewhere in New Hampshire’s robust and diverse business community.
Sincerely, George Bald Somersworth, NH
Tom Sedoric Rye, NH
George Bald, of Somersworth, NH, retired as Commissioner of the State of New Hampshire Department of Resources and Economic Development (DRED) in 2012 and remains an active public servant. Prior to DRED, Bald served as the Executive Director or the Pease Development Authority (PDA), and Economic Development Director for the State of New Hampshire, Pease Development Authority, and the City of Rochester. Tom Sedoric is a fiduciary residing in Rye, active in philanthropic circles and past director or advisor to nonprofit and for-profit organizations in the region. Sedoric has been recognized by Forbes and Barron’s Magazines and been quoted by The Wall Street Journal, The Financial Times, The New Hampshire Business Review, and other regional and national publications. Previously, Sedoric served on the Advisory Commission for the New Hampshire Department of Resources and Economic Development and the New Hampshire Bureau of Securities.
The opinions expressed here belong solely to the authors.
