Cost of Liability Insurance Leads to Closing of Small Iowa Airport !

The grass-strip McBride Airport has closed nearly 50 years after it was carved out of an eastern Iowa farm field.

Ivan McBride told The Gazette it’s difficult to close the tiny airport in Marion that his late father created in 1962. But with liability insurance becoming increasingly expensive, McBride said the time was right to make the change. “Shutting it down is not easy for me,” McBride said.

Melvin McBride created the air strip out of land the family had owned since the 1920s. He later shaped a 2,400-foot-long grass runway, built a hanger and moved an old service station to the property to serve as an office. Read more...

(Ref: Insurance Journal May 14, 2012)