The private aircraft business is booming. Demand for jets and other aircraft by businesses and individuals has increased the number of planes, but hangar space in big cities like New York is becoming scarce.
The New York Times reports that firms that service and fly private aircraft in the New York area are having a tough time finding space to grow.
Airports can only expand so far due to zoning issues, and they need space to serve commercial airlines as well as private aircraft. Now rents are soaring (no pun intended) for prime space at busy airports.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment