Business View Magazine | May/June 2022

127 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 5 INDI ANAPOL I S EXECUT I VE A I RPORT within proximity to the airport and utilize our facility. We find that if people can afford to travel privately, they are choosing to fly from here. And with so many people and businesses moving to these counties, our business traffic has also increased greatly. We are, according to the FAA, the second busiest airport in terms of business aircraft operations in the State of Indiana.” Not surprisingly, there is a premium on hangar space at TYQ. That is not unique among GA Airports, but the growth has meant that even as they increase their hangar offerings, Indianapolis Executive realizes there is no end in sight when it comes to construction. The FBO, First Wing Jet Center built 12 executive hangars over the last year. These are 60x65 feet and are perfect for smaller business jets like the smaller Citations or King Air. They were constructed with a land-lease agreement and are a perfect complement to the operations. The hangars are modern, with private bathrooms, and can be customized for the owner, one of which has bought two of them and combined them. As Sachs attests, “They are beautiful, sought after, and completely sold out. We constructed them with a sort of ‘If you build them, they will come’ attitude, and we got an amazing response with quite a variety of tenants and different aircraft as well. Some ended up being new clients, some were leased out to people already on the field that wanted more space or a new style of a modern hangar, but we ended up expanding our offerings and seeing what was possible. We have enough space to build the same number of hangars again, or perhaps some larger hangars that could house Challengers or Gulfstreams. So far, we have focused on the business hangars because that is what we have the least of, and where most of the new clientele is coming from – but we will also have to be looking at new T-hangars as well for the smaller GA planes.” The airport team works with several local