AGP Executive Report
Last update: 6 hours agoPrivate Aviation: Florida’s billionaire influx is fueling private-flight growth: departures in the state are up 8% to 12% year over year, and Palm Beach International ranks second nationally for private jet traffic. The boom is drawing fresh safety scrutiny after a fatal Learjet crash. Space Coast Economy: NASA plans to launch CapeWeek, a Florida aerospace trade show, at Kennedy Space Center in 2028, aiming to attract aircraft unveilings and industry deals; Boeing has made no commitment to attend. Agriculture: UF researchers won $200,000 in federal funding to study an invasive pest threatening Florida sugarcane crops. Banking: Miami-based Banesco USA is deepening its Tampa Bay presence, adding two local banking leaders after acquiring an SBA lending business. Property Taxes: Florida voters approved major property tax cuts, promising homeowner savings but leaving local governments to weigh potential funding losses and effects on services and construction. Aerospace Investment: St. Joe Company donated 23 acres in Bay County for FSU research and advanced manufacturing facilities, with first-phase construction underway.
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