The sale of Stephenville airport is one step closer after a council meeting in the town last night

Published: May 19, 2023, 2:40 a.m.

There was news out of Stephenville town council last night, on the sale of the local airport. Ottawa businessman Carl Dymond first announced plans to acquire the airport back in September of 2021.But that process has dragged on, with officials blaming the delay on a historic bankruptcy proceeding that involves the airport. That insolvency process has finally wrapped up. Last night, Stephenville Mayor Tom Rose said another milestone has been reached, in making this transaction a reality. Rose made the comments as council voted to stop giving a monthly grant to the airport corporation. That cash was helping to keep the lights on, while waiting for the completion of the sale.