Saturday, July 13, 2024

Centennial Airport Welcomes Modern Aviation’s Acquisition of Two Hangars

Modern Aviation Expands Footprint at Centennial Airport with Acquisition of Hangar Complexes

Modern Aviation Expands Footprint at Centennial Airport with Acquisition of Hangar Complexes

Modern Aviation is set to bolster its presence at Centennial Airport with the acquisition of two large hangar and office structures from Floors and Doors. The purchase agreement includes Hangar 9 at 8156 Interport Boulevard and Hangar 10 at 8208 Interport Boulevard, totaling approximately 113,000 square feet of structures.

These hangar complexes are strategically located across from Modern Aviation’s main FBO campus at Centennial Airport. The acquisition marks a significant step in the company’s growth plan at one of the top seven general aviation airports in the country.

Mark Carmen, CEO of Modern Aviation, expressed his excitement about the expansion, stating, “We are very excited about acquiring these properties and expanding our footprint at Centennial Airport. We’ve been seeking opportunities to grow our operation at Centennial Airport since our original FBO acquisition there in November 2018.”

This acquisition follows Modern Aviation’s recent purchase of leasehold improvements from The SunBorne Companies, further solidifying its position at Centennial Airport. The company is on track to become the largest FBO operator on the south side of the airport, with plans to take over the Signature Flight Support South FBO Terminal.

With the impending closure of the acquisition in the coming months, Modern Aviation’s total hangar footprint at Centennial Airport will reach approximately 179,000 square feet. The company’s commitment to exceptional customer service and safety has consistently earned it recognition as the best FBO at Centennial Airport and a top performer nationally.

Modern Aviation’s continued expansion at Centennial Airport underscores its dedication to serving the growing demand in the aviation industry. Stay tuned for more updates as the company solidifies its presence at this premier aviation hub.

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