Airport Business

DEC 2018-JAN 2019

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26 airportbusiness December 2018/January 2019 COVER STORY tall hangar doors so you can get the some of the larger corporate jets out there.” He said the tenats will be a mix of charter operators, corporate tenants, an MRO and manufacturers. “We really envisioned a phased development, but with the demand, it’s a single phase,” he said. The continued growth in the San Antonio economy is reflected in the new development. “You have some charter operators, some corporate hangers, you have a maintenance and repair and overhaul operation with Cutter going on,” Gallo said. “I think it just speaks to the economic growth that we’re seeing here in San Antonio.” South Florida demand grows When Fontainebleau Aviation Director of Sales Anthony Banome looks towards 2019 and beyond, the biggest issue the fixed-base operator has can be summed up in one word: growth. “The consistent theme with Opa-Lacka [Executive Airport] is it’s just growing,” he said. “Everything is growing. Operations within Opa-Lacka are growing and from our standpoint, it’s not just year-over-year growth, but we want to make sure we’re getting a majority of the growth we’re seeing.” As one of three FBOs located at Opa-Lacka, Fontainebleau is expanding its operations to meet the continued demand for service. According to FlightAware there are 171 aircraft based at the airport. According to the Miami Dade Department of Aviation, fuel sales grew from 8.5 million gallons in 2011 to 15.1 million gallons in 2017. Fontainebleau sits on 42 acres of land and provides 17 acres of ramp. It has 235,000 square feet of hangar space; a 12,000-square-foot arrivals/departures canopy; and two-story terminal with conference rooms, pilot’s lounge, snooze rooms and a mini market. The FBO invested more than $30 million, on a 115,000 square foot facility at Opa-Lacka in 2017 to meet the demands of increased traffic. It’s now working on a 32,000 square foot hangar to accommodate even more aircraft. “The expansion that we have endured is really just to keep up with own market,” said Bobby Courtney, vice president of aviation, Fontainebleau Aviation. The Phillips 66-branded FBO is also building a 60,000 gallon fuel farm after seeing sales hit 6 million gallons in 2017. Miami will host the Super Bowl in 2020, a Formula 1 race in 2020, the Orange Bowl will serve as the college football national championship game in 2021. Courtney said Miami’s receptiveness to bringing major events to the area means business traffic will remain strong. “I think compared to other airports, the growth isn’t even measurable, Banome said. “I came from Teterboro where it’s reaching saturation point. Opa-Lacka is very far from there.” Courtney said the south Florida market continues to flourish with the strong real estate development market in the Miami area and the region’s continued prominence in Latin America and as a strong travel market from the northeastern area of the U.S. “The South Florida market itself has become a little bit recession-proof over the last couple of years,” he said. “Even though the financial market has softened a little bit across the domestic side, there’s still enough strength in the South American market for leisure and investment opportunities in South Florida.” Courtney said more efficient and affordable aircraft is also fueling the business aviation growth in the region, which is increasing demands both in higher service levels and hangar space. Teterboro to Opa-Locka remains the No. 1 charter route in the U.S., Courtney said, which means the connection of the two markets allow each other to remain strong for business travel. Workweek travel trends also show the Miami travel market isn’t just a leisure destination either. “I think a lot of people always think the New York-South Florida connection is once people retire and head down or once the wealthy are done doing Western LLC's new facility at San Antonio International Airport will allow for additional growth by existing tenants by providing right sized spaces for their companies. Western LLC McKinney National Airport holds advantage over others in the Dallas/Fort Worth metroplex due to an abundance of developable land. McKinney National Airport

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