Huron County Airport considers lease

The Huron County Airport is considering leasing its entire large hangar to one company, a move that could bring in a much-needed stream of steady revenue.
Annie Zelm
May 16, 2011

The Huron County Airport is considering leasing its entire large hangar to one company, a move that could bring in a much-needed stream of steady revenue.

But there are concerns it could limit opportunities to bring in new renters.

Airport board president Dennis Sokol proposed the plan to board members Tuesday after receiving inquiries from an aviation company whose identity he didn't disclose because the potential deal is in its early stages.

"It's too early to tell whether doing this might be the right thing for us," he said. "We could be in a position where suddenly we have no space."

The 15,000-square-foot hangar can house about seven planes, but it currently stores only four.

It charges $125 per month for each space, so the airport could charge at least $875 for the entire hangar.

The airport has about three other spaces available in its other hangars, but Sokol said he's not sure they could accommodate planes that come in unannounced, such as crop sprayers.

Board member J.W. Kelley said leasing the large hangar seems to make good business sense, particularly as county commissioners have reduced contributions to their airport in recent years.

The county has reduced the airport's funding by about $5,000 per year.

Comments

looking around

An aviation company that flys regularly woud increase fuel sales and if there is more interest in hangar space from renters I'm sure an investor would be interested in building additional hangar space for rent on leased land.

guomin

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