Business View Magazine | April 2020

119 BUSINESS VIEW MAGAZINE APRIL 2020 THOMASV I LLE REGIONAL A I RPORT recreational planes and jets. In 2017, the Airport completed a 30,000-sq.-ft. hangar complex for corporate aircraft, and a plan for the city to build six new box hangars for general aviation aircraft was recently changed, according to Airport Manager, Robert Petty. “The city decided that it would be better to build an additional apron area to support larger aircraft, because the fuel revenue wouldn’t be sufficient enough to cover the hangars,” he explains. “So, they decided to move forward with corporate hangar construction instead. What they’re looking at now is what we’re calling the southwest quadrant development area; it’s a project that’s on our ACIP (Airport Capital Improvement Plan) for $3.1 million for the construction of a taxiway and apron that would support hangar construction, primarily, through ground lease. Although the city is contemplating building its own hangar for transients, the rest of the apron edge would be taken up by tenants who purchased a ground lease with the intent of