Paslay Group, the award-winning airport development management firm, announced it will be expanding nationally through the creation of three new sectors, each in charge of a specific area of operations.
The new components will be individual companies that all work under the Paslay Group name, which is known for its executive program management services at major airport capital developments across the U.S.
The three companies, which include an Executive Program Management, Development, and Advisory Services Team, will each be led by an industry expert with decades of experience. While they will operate independently, they will pull expertise from each other in order to react to rapidly changing airport realities.
“Airports are faced with a unique set of challenges compared to most other businesses; they have to manage private sector profitability pressure while operating under the scrutiny of a public sector entity,” said the group’s CEO and managing partner, Clay Paslay. “This requires creative solutions to diversify revenue streams, address legacy business models, and execute timely and cost-efficient capital development.”
The Executive Program Management company will be led by President Paul Blue and will specialize in helping owners plan and manage large multi-billion-dollar airport capital development programs.
The Development company will be led by President John Terrell and will be centered around strategic commercial development projects for airports, municipalities, and private enterprises.
The Advisory Services company will be led by President Margaret McKeough and will focus on providing enterprise-level business-strategy consulting for airport executives in order to optimize financial results and improve business performance.
“This restructuring will position the Paslay Group to provide a greater service offering to our airport clients, large or small, around the country as they face these ever-evolving challenges,” added Clay Paslay.
Paslay Group, formerly Paslay Management Group, was founded in 2006 and is led by former airport executives and local government veterans dedicated to pushing airport success forward. The overall goal of the company is to combine the founding partners’ experience in leading capital development programs at some of North America’s largest commercial airports.