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Old August 22nd 19, 05:10 PM posted to rec.aviation.soaring
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Default Seminole Lake Gliderport for sale

2G
Who cares who is the current owner, unless you want to be the new owner...
Are you ?

Dan
On Wednesday, August 21, 2019 at 10:21:47 PM UTC-4, 2G wrote:
On Wednesday, August 21, 2019 at 10:05:25 AM UTC-7, Rich Owen wrote:
Burt,

Thanks for the kind words about Seminole-Lake Gliderport. The owner is still trying to return to the US this upcoming year. He has the gliderport up for sale or an interested investor could buy a portion of it. There is zero debt and we have done extensive work on the Pawnees and the facilities. Two have recently overhauled engines with the third due in 2021 (a reserve for the overhaul is 100% funded now). Training is doing great but we want to acquire 2 new trainers. We were hoping to buy 2 new ASW-21B’s from Williams Soaring this year but it would have cut into our cash reserves too far. We are always looking for land to acquire adjacent to the gliderport for expansion opportunities. This is a business that was 50 years old last year. I don’t see us going away. Construction is about 30% complete for a turning lane into the gliderport and the turn to get on Highway 461 to Clermont. This will significantly improve the safety of our pilots and staff going to/from the field. Thanks goes to our elected representatives who recognized our concerns at this dangerous intersection. Hope to see you all at the Seniors March 13-20, 2020 for our 30th Anniversary edition.




2G






Rich Owen
Vice President
Seminole Flying & Soaring


Hi Rich,

By "owner" are you referring to Mihai Tanjala? Perhaps you can enlighten us to WHY he hasn't been able to return to the US.

Tom