(Source: The Toronto Star)
Family-owned Buttonville airport is in a cash crunch and is teetering on the brink. It is asking the province of Ontario for $1.6 million a year to avoid shutting it’s doors for good. Yesterday, owner Derek Sifton announced “the eventual demise and close of Buttonville” – unless this emergency funding comes through.
Dan Robson of the Toronto Star writes, “At the threat of being grounded for good, Buttonville Airport is asking the provincial government to inject some much-needed fuel into the sputtering York Region airstrip…A $1.5 million capacity maintenance agreement with the Greater Toronto Airports Authority was cancelled in April, leaving the privately owned airline without a lifeline. A request for financial support from the federal government was rejected in July, Sifton said.”
Read the full article by Dan Robson “Buttonville tries to stay aloft” in the Toronto Star (August 20, 2009)