Ready to take flight: Dymond Group of Companies has lofty vision for Stephenville airport and Bay St. George region

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Mayor believes airport transfer is key to turning around the town's economy

A German plane sits on the tarmac at the Stephenville Dymond International Airport on Aug. 25, 2022. The Dymond Group of Companies, the new owner of the airport in Stephenville hopes to increase flight activity and more at the facility. Stephenville Dymond International Airport image/Facebook - Stephenville Dymond International Airport image/FacebookSTEPHENVILLE — Mayor Tom Rose sees the transfer of Stephenville’s airport to the Dymond Group of Cos.

“The development with the airport and the green energy hydrogen deal are major developments that will create jobs and grow our population,” Rose said in an interview Monday. “It will go down in history as the third economic boom in the history of this town.” In the coming weeks, temporary hangars will be installed to store airport vehicles and equipment — to protect them from the elements, including damaging sea spray — or even large planes overnight.

His vision is that a revitalized airport, plus the hydrogen energy project, will help give the local community economic hope, not to mention good jobs for years to come.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ownership of Stephenville airport transferred to Dymond Group of CompaniesThe move was announced in press release Monday morning
Source: SaltWire Network - 🏆 45. / 63 Read more »

Transfer of ownership of Stephenville Airport to Dymond Group of Companies completeThe transfer of ownership of the Stephenville International Airport, to Dymond Group of Companies has been successful, according to the airport. In a news release, the new owner, Carl Dyamond, said he is delighted to report the finalization of the deal, which marks the beginning of a transformative journey for the region. The deal was […]
Source: NTVNewsNL - 🏆 54. / 59 Read more »

LETTER: Oil companies should be forced to pay reparationsFossil fuel companies 'deserve to receive the same consequences as any con artist,' reader says
Source: SooToday - 🏆 8. / 85 Read more »

What are global companies saying about China's economy?A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,025.14, up 189.39 points): Suncor Energy Inc. (TSX:SU). Energy. Up 43 cents, or 0.96 per cent, to $45.20 on 13.0 million shares. Enbridge Inc. (TSX:ENB). Energy. Up 35 cents, or 0.75 per cent, to $47.18 on 12.0 million shares. Manulife Financial Corp. (TSX:MFC). Finance. Up 12 cents, or 0.49 per cent, to $24.45 on 9.1 million shares. Canadian Natural Resources Ltd. (TSX:CNQ). Energ
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,025.14, up 189.39 points): Suncor Energy Inc. (TSX:SU). Energy. Up 43 cents, or 0.96 per cent, to $45.20 on 13.0 million shares.
Source: SooToday - 🏆 8. / 85 Read more »