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WESTCHESTER COUNTY W

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YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS | westfaironline.com INSIDE

DRIVE TIME • 3

Changing young lives

HV GOOD THINGS HAPPENING • 27

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Robert Maher

April 22, 2013 | VOL. 49, No. 16

BUILDING A BRIDGE FROM CHINA TO YONKERS By JoHn Golden jgolden@westfairinc.com

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Chinese billionaire with ties to New York’s Rockefeller family and his globally diversified business group have invested in a Yonkers biotechnology company preparing to start clinical trials of its first infection-fighting drug. The equity investment could mark the start of a long-term relationship between Hudson Valley enterprises and investors in China, said Steven C. Rockefeller and Chinese advisers who helped bring together the parties in the deal. Shengda Zan, 50-year-old president of the Zongyi Group, traveled recently to the i.Park Hudson office and factory complex in downtown Yonkers to announce his company’s $8.6 million investment in Contrafect Corp., a 5-year-old company developing drugs to treat life-threatening bacterial diseases and influenza. Zan has been appointBridge, page 6

county hunts for more flights

Airport revenue, passenger numbers fall By SaM BaRRon sbarron@westfairinc.com

WesTchesTer counTy airPorT hopes to gain altitude in its revenue and passenger numbers despite failing to fill the 10 flights lost last summer when AirTran Airways left the airport. Last week, the airport held a lottery to fill the flights, but no airline stepped forward. Instead of filling AirTran’s slots, airlines sch as JetBlue Airways Corp. and Delta Air Lines Inc. have decided to increase their passenger load on routes they

already operate out of Westchester. The county airport allows 240 passengers in the terminal per half hour. AirTran left the airport last August after being acquired by Southwest Airlines in September 2010 for $1.4 billion. In the lottery, prospective carriers are presented a chart of available flights and put in their flight requests. Airport management essentially picks an airline out of a hat to take over the slots. Another lottery will be offered in July. Flights, page 6

OUT OF THE OFFICE • 35


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