People often travel by air tend to purchase their own planes once they afford one. The concern of which aircraft is the most practical to buy amidst concerns like comfort and passenger capacity is already an issue by itself. Having a parking space is another matter, nevertheless.
The concept of hangar comes to place. A hangar or a tiedown space is essential to the maintenance and safekeeping of these aircraft. Unless your house property can accommodate this massive machine, finding a location to park your aircraft can be somehow tedious.
While it is best to have a hangar space of your own, you have to check it gainst your priorities and financial capacity. As big as the aircraft it aims to hold, construction of a hangar property may cost you more than you can imagine unless you never cared about spending.
So if you become ready to acquire your own hangar property, and it is the most viable option, here are steps on how to estimate your costs.
1. Leasing the space at an airport
Airports seldom sell portions of their land area, unless you can give them an irresistible offer.
What most airports do, perhaps to generate more income out of the business, is to lease land space for hangar construction.
Go to a nearby airport, one that fits your travel needs best, and inquire about any availability, details and costs.
2. Construction
After you’ve secured a prime location for your hangar, construction begins.
The aircraft’s tail, the purpose of the hangar as a cold room, HVAC equipment, back shop maintenance needs, lobby and possible office space all come into consideration.
You have to make individual assessments on these, too.
Know what you want. List them down. Then, look for a contractor who can provide you with your preference at the most reasonable cost.
When you finally figure out how much a hangar construction will cost, think again and a few times more. If you think you have what it takes, go for the investment. If not, consider leasing hangar space offered by third-party aviation companies.