Aircraft owners have a lot of strong opinions, but one of the most consistent is the frustration over the lack of hangar space at airports all over the U.S.
Why Aren’t More Hangars Being Built?
Key Takeaways:
- A widespread shortage of hangar space at U.S. airports frustrates aircraft owners, despite high demand and the benefits of covered storage.
- Development is hampered by extensive governmental red tape, public opposition (NIMBYism) driven by misconceptions about general aviation, and financial limitations of many publicly-owned airports.
- Private investment in hangar construction is discouraged by airport land lease models, which often stipulate that developed infrastructure reverts to the airport after a fixed term, making financing difficult.
- These systemic political, financial, and public relations challenges prevent innovative solutions and private developers from addressing the significant demand, consequently hindering the general aviation industry.
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