Board meetings, strategic plans, and buyer signals from Colin Riccobon’s organization
Sep 29, 2026·BoardMeeting
Board
Lehigh Northampton Airport Authority Board Of Governors Board Of Governors Meeting
The board reviewed recent record-breaking passenger traffic data and discussed financial performance, including the approval of the pension Minimum Municipal Obligation. A new five-year collective bargaining agreement for the aircraft rescue and firefighting personnel was ratified, featuring provisions for additional full-time staffing. The Director's report provided updates on several community initiatives, including a procurement event for local vendors, volunteer efforts at the local food bank, an annual charity polo match, and public tours featuring vintage aircraft.
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The Finance Committee reviewed the financial performance for August, highlighting traffic trends and net income results. The committee discussed cash flow forecasts in the context of capital projects, specifically focusing on the financing requirements and rising interest rates associated with a new parking deck. Additionally, the meeting included an annual assessment of the pension plan, detailing the calculation of the Minimum Municipal Obligation (MMO) for the upcoming fiscal year, funding strategies, and updates on participant enrollment.
Sep 1, 2026·BoardMeeting
Board
Lehigh Valley Airport Authority Board of Governors Board of Governors Meeting
The board meeting included a review of airport traffic statistics, noting significant year-to-date growth and performance benchmarks against peer airports. Financial discussions centered on revenue sources, the impact of depreciation on budgets, and projections for long-term bond debt associated with a parking garage construction project. Additionally, the board received updates on upcoming community and educational outreach events, including junior fire camps, youth aviation programs, and preparations for various airport-hosted events like the polo match and Special Olympics plane pull.
Aug 27, 2026·BoardMeeting
Board
LNAA Board Of Governors Committee Meeting
The meeting featured a presentation on traffic data, highlighting record-breaking traffic numbers in June and July. Discussions included the current status of legacy carrier services, including flight frequency adjustments at various hubs and the role of bus services in passenger counts. The committee reviewed benchmarking data compared to peer airports, analyzed full-time equivalent (FTE) staffing levels, and discussed operational costs and subsidization models for airport services.
Extracted from official board minutes, strategic plans, and video transcripts.
