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The airport, originally known as Gibbs Field, opened in 1937 with a single runway. In 1940, William (Bill) Gibbs leased the airport to Ryan School of Aeronautics to train Army Air Corps cadets to fly. The City of San Diego purchased the airport from Gibbs in 1947.
On May 20, 1950, the City of San Diego named the airport Montgomery Field in honor of John J. Montgomery, who is credited with making the first controlled flight in a fixed wing aircraft. Montgomery's first glider flight took place in the Otay Mesa area of San Diego in 1883.
On Jan. 28, 2016, the City of San Diego Council passed a resolution changing the name of the airport to Montgomery-Gibbs Executive Airport to honor Bill Gibbs and establish a new vision by demonstrating a commitment to the flying public of providing high quality services and facilities.
Today, Montgomery-Gibbs Executive Airport is a busy general aviation airport. General aviation encompasses all aviation except air carrier and military. The types of general aviation aircraft that operate at Montgomery-Gibbs Executive Airport include private, corporate, charter, air ambulance, law enforcement, fire rescue, flight training and cargo.
The FAA has classified Montgomery-Gibbs Executive Airport as a reliever airport for San Diego International Airport - Lindbergh Field. A reliever airport is an airport that serves general aviation aircraft that might otherwise use a congested air carrier airport. Airline passengers benefit by experiencing fewer delays due to air traffic congestion.