In response to recent confusion regarding the status of the Cleveland Jet Center (CJC) at Cleveland Cuyahoga County Airport, AIN learned that the facility was placed into court-ordered receivership late last month as a result of default proceedings on a multimillion-dollar loan by owner Canyon Properties. Canyon is run by Scott Beale, the chairman and CEO of Michigan-based Aerodynamics (ADI), and his wife, Jennifer. At a hearing last Thursday, a Cuyahoga County court ruled that CJC will remain in the hands of the receiver until the dispute is settled or the property is sold.
Cuyahoga County Airport
FBO Cleveland Jet Center at Ohio’s Cuyahoga County Airport has added jet-A and avgas supplied by Avfuel to its list of services. Renovated facilities at the FBO include a 34,000-sq-ft office building fronted by a porte-cochere entrance and a 25,000-sq-ft heated hangar. When the weather is warm, customers can hone their skills on an outdoor putting green, and in the winter a heated waiting area
Wichita-based Raytheon Travel Air and Cleveland-based Flight Options on March 20 completed their planned merger, first announced December 20, creating the second-largest fractional aircraft provider. Under the joint venture, Flight Options holds a 50.1-percent stake in the new company, while Raytheon Co. retains a 49.9-percent share.