or the first time since 1946, Hancock International Airport is no longer under the control of Syracuse City Hall.
In a ceremony Monday morning in the main terminal, Mayor Stephanie Miner handed over an operating certificate for the airport from the City of Syracuse to the Syracuse Regional Airport Authority.
The Mayor says she sees the airport as a economic development engine for the local economy and it was necessary to establish an authority to handle the operation. "officially turning over the operating certificate to the authority brings us in line with other top-tier airports across the state." Miner added that the authority will have greater flexibility to enter into contracts to reduce the overall operating costs of the airport which would make it more attractive to airlines.
In the long run, officials hope that by attracting more airlines to Syracuse, passengers could enjoy lower fares.
The Chair of the SRAA Board, William Fisher points to the recent $60 million expansion of the airport, along with new contracts for security and concessions as steps toward making Hancock International more efficient.