jet aviation acquires stake in scottsdale jet center
May 6, 2019
Jet Aviation has acquired a stake in Scottsdale Jet Center, with the intent to build and operate a new, state-of-the-art Jet Aviation branded FBO and tenant hangar by late 2020. The new facility will complement existing tenant facilities at Scottsdale Airport, a top 15 US Business Aviation market.
With an expanding footprint in the US market, Scottsdale Jet Center allows Jet Aviation to continue its strategy of supporting customers in the locations they most frequent. The new facility will allow Jet Aviation to operate FBOs in eight of the top 15 US business aviation markets.
“We are committed to growing Jet Aviation’s position as a leading FBO service provider,” said 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.”
Scottsdale Jet Center currently leases 45,000 sf of office space, 24,000 sf of T-hangar space, tie-down spaces, and shades. Planning for the new FBO terminal and 30,000 sf hangar is currently underway, with opening planned for late 2020. Thereafter, Jet Aviation plans additional phases of development to support growing customer demand.
Once opened, Scottsdale Jet Center FBO will bring Jet Aviation’s global FBO network up to 35 locations.