The airport was founded on June 22, 1927, with the establishment of the Toledo Airport Committee. $257,000 was raised in early 1928 to fund the airport in 33 1/2 hours, which is the time it took
Charles Lindbergh to fly from
New York City to
Paris. 620 shares of stock were sold to 620 Toledo citizens. The airport received a complete weather station, and the
US Weather Bureau of Toledo operated at the airport until early 1955. During the
Great Depression, The Transcontinental Airport of Toledo, Inc. would close due to inadequate construction began to crumble, driving away businesses. However, President Franklin D Roosevelt allocated $216,077 in
Works Progress Administration funds for upgrades to the airport in 1936. The city of Toledo provided $52,000 in matching funds, which provided three paved runways. A terminal building and
Air Traffic Control tower were built in 1948. Funds were provided by the City of Toledo and the federal government. The field continued to degrade for over a decade while being used for fireworks displays and drag racing. General Aviation and business jets in the late 1960s and early 1970s brought the field back into use as an airport; private, business and charter flights continue to be the main activities. In 1966, Executive Aviation signed a fifteen-year lease and invested $250,000 in a new main hangar, 20 T-hangars, and a fuel facility. In 1975, the airport was put under the control of the
Toledo–Lucas County Port Authority. In April 2007, a
FedEx Boeing 727 landed at the airport to be decommissioned and provided to
Owens Community College for ground-based training. The airport's name was changed to Toledo Executive Airport in 2010. On
June 5, 2010, an
EF4 tornado passed along the south edge of the airport. Neighboring
Lake High School and other structures were severely affected.
Early nearby airports • 215-acre airfield on Stickney Avenue, just north of Toledo. • Franklin Airport – 5035 Monroe Street in Toledo. It was closed on September 15, 1952. • National Airport – 165-acre airfield located at Telegraph and Alexis road in Toledo. It was sold in the early 1960s. == Facilities and aircraft ==