The irony is that FAA, the airport and its consultants declared repeatedly that both airports could not operate simultaneously, despite many contrary examples such as Okaloosa county (two civil airports and numerous military airports).
Why did the "leadership" take the negative fear-mongering approach instead of just going out and building a better airline airport for much less money, leaving an irreplaceable community airport in place? Panama City is now the only sizeable city in Florida without a paved/instrumented community airport within 10 miles.
"General aviation pilots say they are in limbo at old airport"
- GA pilots say they're in limbo at old airport | say, airport, west - News - The News Herald (view on Google Sidewiki)