Latest news with #PaulMengert
Business Journals
23-04-2025
- Business
- Business Journals
Graham Bennett named new Piedmont Triad Airport Authority chair
The Piedmont Triad Airport Authority board sees a changing of the guard during a period of significant economic growth and development for the airport. Story Highlights Graham Bennett replaces Paul Mengert as Piedmont Triad Airport Authority chairman. PTI's economic impact reaches $9.3 billion, nearly 10% of Triad's economy. Mengert oversaw major aerospace developments during his chairmanship since 2020. The multi-jurisdiction board that oversees Piedmont Triad International Airport is getting new leadership, with Paul Mengert of Greensboro stepping down as chairman and Graham Bennett of Forsyth County becoming board chairman of the Piedmont Triad Airport Authority. It's the second significant appointment this month for Bennett, the former president of Winston-Salem energy and hospitality company Quality Oil. Bennett was appointed earlier this month by Gov. Josh Stein to represent the region on the North Carolina Board of Transportation. He is also a member of the board of the Piedmont Triad Partnership, a regional economic development organization. Bennett joined the PTAA board in 2017. Mengert is ending his role as chairman voluntarily but staying on the board through the end of his term on April 20, 2027. Appointed by the city of Greensboro and chairman since early 2020, Mengert is CEO of Association Management Group. expand Paul Mengert, chairman of the board of the Triad Piedmont Airport Authority. Lloyd Whittington During his tenure as chairman, PTI has greatly expanded its role in aerospace and aviation economic development. In early 2022 it landed Boom Supersonic as the manufacturing site for its next-generation faster-than-sound commercial jetliner, with an expected 2,400 jobs and likely more. It also is the site picked by Britain's Marshall Aerospace for its North American base to service U.S. military aircraft, an expected $50 million investment. In all some 9,000 people work on the PTI campus. A 2023 report by the North Carolina Department of Transportation put PTI's annual economic impact directly and through induced effects at $9.3 billion, nearly 10% of the Triad's economy. Mengert is also credited with initiating a renovation of PTI's 40-year-old terminal. PTI has won acclaim as a very user-friendly airport and has experienced a steady recovery from the Covid-19 pandemic that devastated commercial aviation. He's also championed the annual Run on the Runway event, which has raised more than $1 million for local hunger relief. Board members are appointed by Guilford County Board of Commissioners (three members), Forsyth County Board of Commissioners (one member), Greensboro City Council (one member), High Point City Council (one member), and the Winston Salem City Council (one member).
Yahoo
29-01-2025
- Business
- Yahoo
PTI congratulates Boom Supersonic on successful supersonic flight
GREENSBORO, N.C. (WGHP) — The airport that is the home of Boom Supersonic's Overture facility is congratulating them on a successful flight. PTI extended their congratulations to Boom Supersonic after Tuesday's successful supersonic flight, piloted by Tristan 'Geppetto' Brandenburg. The flight test happed in at the Mojave Air & Space Port in California. The XB-1 aircraft, described by Boom as 'the world's first independently developed supersonic jet,' completed 11 successful test flights at the Mojave Air & Space Port in California before going for Mach 1 on Tuesday, making it the first civil aircraft to go supersonic over the continental United States. 'Boom Supersonic's accomplishment today is a testament to their dedication to innovation and the future of air travel,' said Paul Mengert, Piedmont Triad Airport Authority's board chair. 'We are proud to support and celebrate this pioneering step towards making supersonic passenger flights a reality.' 'PTI is honored to be the home of Boom Supersonic's Overture Superfactory, where the nextgeneration of supersonic airliners will be manufactured,' Kevin Baker, Executive Director ofPiedmont Triad Airport Authority, said. 'Today's success with the XB-1 demonstrator brings us closer to a future where passengers can experience faster and more efficient air travel.' With XB-1, Boom aims to prove that independently-built supersonic flight is possible and to test specifics related to Overture, such as technology and safety protocols, according to Boom spokesperson Aubrey Scanlan. Overture will be roughly three times the size of XB-1, and it's planned to carry 64-80 passengers on intercontinental flights at speeds of up to about Mach 1.7 (or 1,304.36 miles per hour). That is about . All of that while using non-petroleum sustainable fuel. Already , as well as pre-orders from American Airlines, United Airlines and Japan Airlines. Boom is in the process of building a factory in Greensboro where it plans to build the passenger jet that will fly faster than the speed of sound. The factory is set to add $32 billion to the North Carolina state economy over the next 20 years along with more than 2,400 jobs. Plans call for the assembly line to be in operation later next year. The first jet could take flight in 2026. The company hopes flights should be ready for passengers by 2029. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
