Grand Central Airport is a former airport in Glendale, California. Also known as Grand Central Air Terminal, the airport was an important facility for the growing Los Angeles suburb in the 1920s and a key element in the development of United States aviation. The terminal, located at 1310 Air Way, was built in 1928 and still exists, owned since 1997 by The Wal…Grand Central Airport is a former airport in Glendale, California. Also known as Grand Central Air Terminal, the airport was an important facility for the growing Los Angeles suburb in the 1920s and a key element in the development of United States aviation. The terminal, located at 1310 Air Way, was built in 1928 and still exists, owned since 1997 by The Walt Disney Company as a part of its Grand Central Creative Campus. Three hangars also remain standing. The location of the single concrete 3,800-foot runway has been preserved, but is now a public street as the runway was dug up and converted into Grand Central Avenue.