Jet Aviation announced last week that it has acquired a stake in Scottsdale Jet Center, with the intent to build and operate a new 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. 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. Once opened, Scottsdale Jet Center FBO will bring Jet Aviation’s global FBO network up to 35 locations.