New investment helps to secure future operations of Cape Breton airlines
PORT HAWKESBURY, N.S. — The future for two island aviation companies looks much brighter thanks to an investment in the firms by EverWind Fuels.
Celtic Air Services (Celtic) and AxAir Aviation are the benefactors of the investment from EverWind which recently purchased the energy storage facility in Point Tupper.
Celtic is the operator of the Allan J. MacEachen Airport located in Port Hastings. AxAir Aviation is an air charter company with a focus on providing chartered aircraft flights on company-owned aircraft throughout Canada, and the United States.
According to a press release announcing the deal, the investment is viewed as critical for EverWind’s plans in the area for clean, green energy development and specifically for leading the charge on Nova Scotia’s on-and off-shore wind resources.
EverWind Fuels CEO Trent Vichie plans to develop a world-class green hydrogen hub that will create new clean energy jobs and develop a new industrial ecosystem in the region.
“The Allan J. MacEachen Airport air operations are key to the continued development of this area,” said Vichie, in a press release.
“This investment was made to support the region and Celtic, ensuring the company has the appropriate resources required to continue growing the airport for the benefit of all local communities, stakeholders, and rightsholders,” he said.
Celtic President David Morgan sees great things in the future for his company thanks to the investment.
“I couldn’t be more excited to welcome not just the investment, but the global expertise that Trent and his team bring to Celtic,” said Morgan.
“His guidance, mentorship, and resources will be critical as we look to grow both our airport asset base, as well as our charter airline. This help couldn’t have come at a better time for us.”
The investment will aid in plans to add infrastructure to provide support for the increased air traffic at the airport, hiring of new employees, and implementing plans to grow shoulder season traffic, add scheduled flights and build on their successes.”
Morgan said new snow clearing equipment and aircraft de-icing equipment are at the top of the list when it comes to new infrastructure.
EverWind is a private developer of green hydrogen and ammonia production, storage facilities, and associated transportation assets.
