NJ-Based Jet Aviation to Develop FBO and Tenant Hanger in Arizona
GlobeSt | May 06, 2019
Locally-based Jet Aviation, a wholly owned subsidiary of General Dynamics, has acquired a stake in Scottsdale Jet Center and intends to build and operate a new state-of-the-art Jet Aviation branded fixed-base operator and tenant hangar at Scottsdale Airport in late 2020. The new facility will complement existing tenant facilities at the Scottsdale, AZ airport, which is among the top 15 business aviation markets in the United States. The company did not disclosed the value of its investment in Scottsdale Jet Center or the cost of the new hangar project. Scottsdale Jet Center currently leases 45,000 square feet of office space, 24,000 square feet of T-hangar space, tie-down spaces and shades. Planning for the new FBO terminal and 30,000-square-foot hangar is currently underway. After its opening in late 2020, Jet Aviation plans additional phases of development to support growing customer demand, the company reported. Once opened, Scottsdale Jet Center FBO will bring Jet Aviation’s global FBO network up to 35 locations. “We are committed to growing Jet Aviation’s position as a leading FBO service provider,” says Dave Paddock, senior vice president and general manager, Jet Aviation Regional Operations USA. “Scottsdale is a highly attractive location to business jet owners and operators and is regularly ranked in the top 15 US airports. Having a presence in Scottsdale will enable our customers to have greater connectivity across the Jet network.” Last month, Jet Aviation completed the integration of Hawker Pacific’s Aircraft Management business, creating a Flight Services location for Jet in Singapore. The new Singapore branch office will operate as Jet Aviation Business Jets Singapore and report to Jet Aviation Business Jets Hong Kong.