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Losses mount at Chattanooga Airport's new aviation terminal

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A private plane is parked near the general aviation terminal at Lovell Field. / TImes Free Press. A private plane is parked near the general aviation terminal at Lovell Field. / TImes Free Press.
CHATTANOOGA -

(Times Free Press) - Losses at Chattanooga Airport's new general aviation terminal already have hit the entire year's projected deficit in the first five months of operation.

The general aviation terminal and hangar that opened in August has lost a little more than $300,000 so far, airport officials said. Original projections had put the total first-year deficit for the terminal -- which offers fuel and hangar space to corporate planes and pilots -- at about $300,000, they said.

Officials at Tac Air, a private company that has provided the same services for about a decade at Lovell Field, said the figures are proof the new $5 million terminal isn't needed or financially feasible.

Read more on this story from our news partners at the Chattanooga Times Free Press.

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