Akron-Canton Airport Offers More Flights West; Verifies Low Fare Leadership in Northeast Ohio – On May 18, Frontier Airlines upgraded their two daily flights from CAK to Denver with the Airbus 320, the largest jet in their fleet. These spacious, 168-seat jets are the biggest airplanes landing at CAK this summer. Additionally, AirTran Airways started service to Denver on Sunday with one daily nonstop flight aboard the Boeing 717. Rick McQueen, president and CEO of Akron-Canton Airport, had this to say: “We are eager to welcome more westbound travelers to CAK this summer. With exceptional service and low fares offered by Frontier and AirTran, customers flying to the mile-high city and beyond will begin their adventure off right.” AirTran Airways will be flying to Denver until August 11. Southwest Airlines, which purchased AirTran, will assume the Denver flying and add new flights to Chicago Midway on August 12.
Akron-Canton Airport recently contracted with Ailevon Air Service Consulting to take a detailed look at the airport’s low fare impact since the arrival of low cost service at CAK in 1997. According to the study, low airfares at CAK have saved $958 million in total airfare savings for the Northeast Ohio region. In 2011 alone, air travelers saved more than $90 million because of low fare carriers AirTran Airways ($70 million) and Frontier Airlines ($20 million). Today the average fare is 10 percent below the national average and is the lowest in a five state region including Ohio, Indiana, Michigan, Pennsylvania and Kentucky. To read more about the flights west, click on this CAK press release. To learn more about the low fare impact on Northeast Ohio, click on this press release.
Tesla Nanocoating Gets $100,000 Grant – The Innovation Fund awarded a $100,000 grant to a Massillon company that specializes in corrosion-control coatings. Tesla Nanocoatings, operated by Todd Hawkins, has developed revolutionary coatings for the aerospace, military, petrochemical, transportation and marine industries. The Innovation Fund, founded by Lorain County Community College Foundation, awarded six technology startup companies in Northeast Ohio with $375,000 in grants. Tesla Nanocoatings is the first Stark County company to receive the award and one of three that got $100,000. The Innovation Fund has made 99 awards to 84 companies totaling $5.75 million. Stark State College is now a partner in the Innovation Fund. Tesla recently received R&D Magazine’s 2011 R&D 100 Award for its new corrosion control coatings. Using fullerene nanotubes, the coating offers significantly improved physical and mechanical properties that offer a longer service life than traditional zinc-rich primers while maintaining the level of corrosion protection. Tesla is leasing space from Stark State College at the Advanced Technology Center to work on product development. To learn more about Tesla receiving the Innovation Fund grant, click on this Massillon Independent article.
Canton Early College High School: ROI $50 Million and Growing – The return on investment for Canton Early College High School (CECHS) is now almost $50 million and still growing. That is the additional earning potential of graduates in the first three classes, based on their college credits and degrees. Together, these students will make over $34 million more during their lifetimes than if they just had a high school diploma. Founded in 2005 by the Canton City Schools, Stark State College, the Canton Professional Educators Association and the Stark Education Partnership, CECHS is an opportunity for students to graduate with both a high school diploma and an Associate Degree. Of the 168 Canton students who graduated from 2009 to 2011, 84 earned Associate Degrees and 84 graduated with a significant number of college hours. The report finds that over three-quarters of all graduates are continuing their education and 80% of those who earned an Associate Degree are now in four year programs. To read more about CECHS and to learn more about the Stark Education Partnership, click here.