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People Express & Newport News: Fly Smart and Buy Smart!
Getting to and from Hampton Roads is going to be even easier in the coming months… and that’s a welcome development for area residents.  Earlier this week, a press conference was held to announce that People Express Airlines (PEOPLExpress), a new airline, reviving the name and spirit of the iconic 1980’s low fare carrier and flying full size Boeing 737-400 jets with seating for 158 passengers, will be headquartered in Newport News with operations based at Newport News/Williamsburg International Airport.
This is exciting news for Hampton Roads for several reasons.  One of the potential benefits of a new company being established and based in any city is that it brings new employment for the region.  This has a positive impact for local job seekers and also promises to bring inbound relocation to the area.  A ripple effect from inbound relocation is a corresponding demand for homes, goods and services in the region, and as demand for housing increases, often, so do property values.  The prospect of increasing property values can capture the interest of real estate investors and over the longer term, if demand continues to grow, the impact can even result in new residential real estate construction and commercial development.
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