CFB Summerside was closed in 1990 and transferred to a local development authority named Slemon Park Corporation.

The base property is now referred to as Slemon Park and the airfield has been named Summerside Airport.

The airport is home to several aircraft maintenance companies, as well as a small general aviation community.

Summerside Airport's airfield and terminal facilities are located in the township of Lot 17 and not in the city of Summerside proper; the municipal boundary is adjacent to the airport property with the city including the residential area of Slemon Park but not the airfield and industrial properties.

The airport was served by Eastern Provincial Airways during the 1960s and early 1970s which operated nonstop flights to Moncton and the Magdalen Islands as well as direct service via a stop at the Charlottetown Airport to Halifax, Sydney, Deer Lake, Gander and St. John's with Douglas DC-3 prop aircraft and Handley Page Dart Herald turboprop aircraft.