JAY PEAK OWNERS, GOVERNOR SHUMLIN ANNOUNCE LIGHT PLANE ASSEMBLY AND DISTRIBUTION CENTER AND FLIGHT SCHOOL TO LOCATE IN NEWPORT, VT

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    Jay Peak Resort Co-Owner Bill Stenger (center), along with Resort Co-owner Ariel Quiros (first from right), Vermont Governor Peter Shumlin (second from right), and Flight Design USA President Tom Peghiny (left) announce a $20 million airport project.
Newport Airport Revitalization Investment Estimated at $20 Million

Newport, VT– Jay Peak owners Ariel Quiros and Bill Stenger were joined by Vermont Governor Peter Shumlin on July 11 to announce that Flight Design, a light plane manufacturer, will locate an assembly and distribution center, and flight training at the Newport State Airport. The new development plan is estimated at $20 million.

“I am thrilled to announce that the owners of Jay Peak are at it again, bringing even more jobs to the (Northeast) Kingdom,” said Governor Shumlin. “By basing an assembly and distribution center here in Newport, 25 jobs will be added to the Northeast Kingdom region.”

Flight Design is a German light aircraft manufacturer that has been manufacturing light-sport aircraft for over twenty-five years. Flight Design USA manufactures seven light-sport aircraft models and has delivered more than 1,800 airplanes to customers around the world. The Flight Design CTLS is an aircraft that has defined performance in the Light Sport Category. The CTLS is very popular for flight training and long distance travel. The CTLS is certified in the USA as a Special Light Sport Aircraft (SLSA), which allows commercial flight training, and rental uses.

“We have a wonderful partnership with Flight Design and I am so pleased that we are able to bring this opportunity to learn how to fly, as well as good paying jobs to the Newport area,” said Ariel Quiros.

The Newport assembly and distribution facility will be Flight Design’s fifth distribution center in the U.S.A and will distribute light-sport aircraft to New England and Eastern Canada. By locating at the Newport State Airport the company will be able to take advantage of the area’s Foreign Trade Zone status. The facility will be constructed in the spring of 2014 and operations will begin next summer. The flight school will also begin operations the summer of 2014.

“We are very pleased to be part of Q Aviation’s plans to bring exciting and affordable flight training to Vermont and nearby Maine and New York,” said Flight Design USA President, Tom Peghiny. “We feel the Flight Design products are perfect for bringing in new student pilots due to their advanced construction, fantastic avionics and comfortable cabins. The way to get young people involved with aviation is to feed their interest with modern equipment and make it affordable for them to participate”.

Jay Peak Resort

1-802-988-2611

http://www.jaypeakresort.com

<p>Jay Peak Resort is home to the most snow in eastern North America and the most liberal in-bounds policy anywhere.</p> <p>Located in Northern Vermont only a few miles from the Canadian border, Jay Peak has a different perspective on skiing and riding. Up here, the mountain reigns supreme and our unparalleled gladed terrain and abutting backcountry attracts some of the best skiers and riders around. Home to the only aerial Tram in Vermont, we offer over 385 acres of skiiable terrain, accessed by 8 lifts. Our lodging is virtually all ski-in/ski-out, we open early, and are always one of the last in the East to close.</p> <p>Jay Peak Resort is also home to New England's newest championship golf course. Built by renowned golf architect Graham Cooke & Associates, the course balances challenge with forgiveness to reward any golfer. It's a design that doesn't just follow the terrain; it flows through it. Fairways climb and descend along and across fall lines. Greens and tee boxes sit atop hills and tuck into valleys. Each hole features 5 sets of tees allowing for all levels of play by adjusting the angle and length of the course from 5,000 yards to nearly 7,000 yards. This is the result of a world-class vision and the incomparable Jay landscape.</p> <p>Jay Peak is owned by our long-standing President, Bill Stenger, and a small group of investors including long-time Jay Peak homeowner Ariel Quiros.</p> <p>We are currently under-going a large expansion project including 2 new hotels (one which will open in February 2010), a new Golf Clubhouse and Nordic Center, an Ice Arena and an Indoor Waterpark.</p>

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