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Sky Harbour Secures Approvals for Two Ground Leases at Van Nuys Airport
Sky Harbour Group Corporation, an aviation infrastructure company building a nationwide network of Home Base Operator (HBO) campuses for business aircraft, announced that the Los Angeles City Council has approved two ground leases at Van Nuys Airport for the development of Sky Harbour HBO campuses.
The ground leases, which will yield a total of 10 aircraft hangars, are expected to be formally executed in the coming weeks. Van Nuys Airport is one of the most active general aviation airports in the country and is the primary business aviation gateway to Los Angeles.
“Van Nuys operators have actively been seeking the Sky Harbour Home Base Operator model, and we are excited to deliver it,” said Tal Keinan, CEO of Sky Harbour. “We are grateful to the Los Angeles City Council, the Board of Airport Commissioners and to the Van Nuys and Los Angeles World Airports teams for their partnership. Sky Harbour plans to bring new and lasting value to the airport, to Los Angeles Business Aviation, and to the San Fernando Valley community.”
- ◦Development
