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Pan Am Pays $300,000 in Back Rent

ORLANDO-Orlando Sanford International Airport officials could have placed a lien on the estimated $5 million worth of property the Portsmouth, NH-based carrier owns at the airport, but instead opted to give owners Dave Fink and Timothy Mellon additional time to settle the account.

By Alex Finkelstein | Updated on January 17, 2003

ORLANDO-Pan American Airways president Dave Fink is back in the good graces of Orlando Sanford International Airport officials after paying $300,000 in back rent, fees and terminal charges.

Airport staffers tell GlobeSt.com that president Larry Dale, a commercial developer and former mayor of Sanford, could have placed a lien on the estimated $5 million worth of property the Portsmouth, NH-based carrier owns at the airport but decided instead to give owners Fink and Timothy Mellon additional time to settle the account.

“We knew they weren’t going to abandon their investment by sneaking out in the middle of the night,” an airport staffer tells GlobeSt.com. The airline is building a new $800,000 flight-simulation center estimated at 100,000 sf and operates a 5,000-sf reservations center at the airport.

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