Chicago Executive Airport  Chicago Executive Airport , formerly Palwaukee Municipal Airport, is a public airport 18 miles (33 km) northwest of Chicago, in the village of Wheeling in Cook County, Illinois, United States. It is owned by the City of Prospect Heights and the Village of Wheeling. The airport logs over 77,000 take-offs and landings each year and is the fourth busiest airport in Illinois. The airport opened in 1925 as Gauthier's Flying Field. It was named Pal-Waukee in November 1928, from its location near the intersection of Palatine Road and Milwaukee Avenue. In 1953 the airport was purchased by George J. Priester who developed the airport over the next 33 years, installing paved runways, lighting, hangars and an air traffic control tower. In 1986 George's son Charlie negotiated the sale of the airport to Wheeling and Prospect Heights and it was renamed Palwaukee Municipal Airport. Charlie Priester kept an FBO at the airport along with a charter company called Priester Aviation. Priester sold the FBO to Signature Flight Support in 2001, and turned over operational control of Priester Charter to his son Andy in 2004. In August 2006, trustees from the village of Wheeling and alderman from the City Council of Prospect Heights voted to approve a name change. On October 17, 2006 Palwaukee Municipal Airport was renamed Chicago Executive Airport. In October 2015, Cincinnati based Ultimate Air Shuttle announced plans to begin service from the airport to Cincinnati/Northern Kentucky International Airport in January or February 2016. Sally Strempel, a female pioneer in aviation, bought a flight school in 1950 at Palwukee Airport. She renamed it Sally's Flying School and retained it until 1966. Strempel was a member of the Illinois Aviation Hall of Fame  and was the first woman in Illinois and one of the first five nationally to be designated by the Federal Aviation Administration as a flight instructor, who could give private and commercial exams to student pilots. The airport covers at an elevation of 647 feet (197 m). It has three asphalt runways: 6/24 is 3,677 by 50 feet (1,121 x 15 m); 12/30 is 4,415 by 75 feet (1,346 x 23 m); 16/34 is 5,001 by 150 feet (1,524 x 46 m). For the year ending July 31, 2014 the airport had 77,321 aircraft operations, an average of 212 per day: 83% general aviation, 17% air taxi and less than 1% military.