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Cirrus Aircraft, Coquí Radio Pharmaceuticals could use Oak Ridge Airport

Posted at 2:41 pm September 10, 2019
By John Huotari Leave a Comment

This is an aerial image of the current layout plan for the proposed Oak Ridge Airport at the Heritage Center (the former K-25 site) in west Oak Ridge. (Image courtesy Metropolitan Knoxville Airport Authority)

Cirrus Aircraft and Coquí Radio Pharmaceuticals could both use the proposed Oak Ridge Airport, a project consultant said Tuesday.

Oak Ridge Today has previously reported that Coquí Radio Pharmaceuticals Corporation could use the airport, which would have a 5,000-foot runway and be located at Heritage Center, the former K-25 site. Coquí has announced plans to build a $500 million medical isotope production facility at Heritage Center.

The company makes medical isotopes with a half-life of 62 hours, airport project consultant Billy Stair said at an Oak Ridge Chamber of Commerce breakfast on Tuesday. Using the Oak Ridge Airport, rather than spending 42 minutes driving to McGhee Tyson Airport in Blount County, would save Coquí about $2.3 million per year, Stair said. It would also avoid the loss of about 1,000 doses per day of isotopes used for medical treatments, Stair said.

The Federal Aviation Administration conditionally approved the Oak Ridge Airport in March. That was a very significant step after four years of work, Stair said. The master plan has been approved; the precise location of the runway has been set; and a model of likely traffic has been developed.

As part of the conditional approval, the FAA wants an environmental assessment and a benefit-cost analysis.

[Read more…]

Filed Under: Business, Business, Front Page News, Oak Ridge, Slider Tagged With: benefit cost analysis, Billy Stair, Cirrus Aircraft, Coquí Radio Pharmaceuticals Corporation, DOE, environmental assessment, FAA, Federal Aviation Administration, Heritage Center, K-25, McGhee Tyson Airport, medical isotope production, Metropolitan Knoxville Airport Authority, molybdenum-99, Oak Ridge airport, Oak Ridge Chamber of Commerce, U.S. Department of Energy, U.S. Nuclear Regulatory Commission

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