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Lockheed Seeks To Sell Coast City's Airport
Hollywood-Burbank's 630 acre facility, 45 years old, is offered for sale by Lockheed Aircraft Corp with estimated value between 50 and 90 million dollars. The company hopes a public agency will operate the airport or accept offers to close it down. Pacific Southwest Continental Hughes Air West and Sierra Pacific fly from the privately owned airport, which ranks 50th in US takeoffs and landings.
MENTIONED IN THIS ARTICLE
Burbank
Calif
Hollywood-Burbank
Lockheed Aircraft Corp
Lockheed
Pacific Southwest
Continental
Hughes Air West
Sierra Pacific