Hangar Q) When will construction of initial hangar units be completed?
Q) What type of building was constructed?
Q) What options are available in each hangar?
Q) Why the Delays?
Challenges: For all its record-breaking size and capacity, the brings some important questions to mind.
Q) Where can it land?
Q) What airport can handle 800 people getting on and off one plane?
Q) Can airlines really sell enough tickets to fill one to capacity?
 
Airbus 380
Boeing 747-400
Coming Soon
Measurements
Wingspan
79.8 m (261 ft 10 in)
64.4 m (211 ft 5 in)
Coming Soon
Length
73.0 m (239 ft 6 in)
70.7 m (231 ft 10 in)
Coming Soon
Height
24.1 m (79 ft)
19.4 m (63 ft 8 in)
Coming Soon
Weight: Empty
610,700 lbs
(277,000 kg)
393,263 lbs
(178,756 kg)
Coming Soon
Weight: Max Takeoff
1,234,600 lbs
(560,000 kg)
875,000 lbs
(397,000 kg)
Coming Soon
Capacity/Layout
Coming Soon
Crew
2
2
Coming Soon
Passengers (three-class arrangement)
555
416
Coming Soon
Seating configuration
Two decks,
two aisles per deck
Two decks,
two aisles main deck
Coming Soon
Miscellaneous
Coming Soon
Range
8,000 nm (14,800 km)
7, 260 nm
(13,450 km)
Coming Soon
Service ceiling
43,000 ft (13,100 m)
41,000 ft
Coming Soon
Top cruising speed
Mach 0.88 (299 m/s)
Mach 0.92 (313 m/s)
Coming Soon
Long-distance cruising speed
Mach 0.85 (289 m/s)
Mach 0.85 (289m/s)
Coming Soon
Powerplant 4 Rolls-Royce Trent 900 turbofans
(initially 70,000 lb thrust; cleared at 80,000 lb thrust)

or

4 Engine Alliance GP7200 turbofans (approx. 82,000 lb thrust)
4 Pratt & Whitney PW4062 turbofans (63,300 lb thrust)

or

4 Rolls-Royce RB211-524 H2-T (59,500 lb thrust)

or

General Electric CF6-80C2B5F (62,000 lb thrust)
Coming Soon
*Sources: Airbus.com; Boeing.com; Airliners.net; Rolls-Royce.com; Pratt-Whitney.com; AirGuideOnline.com
Q) When will construction of initial hangar units be completed?
Q) What type of building was constructed?
Q) What options are available in each hangar?
Q) Why the Delays?
Challenges For all its record-breaking size and capacity, the brings some important questions to mind.
Q) Where can it land?
Q) What airport can handle 800 people getting on and off one plane?
Q) Can airlines really sell enough tickets to fill one to capacity?
Why buy a hangar? Hangars offer protection from damage to your aircraft caused by any number of reasons, including * Weather * Vandalism * Theft * Birds * Insects * Oxidation * Sunlight If your aircraft is not hangared it is going age prematurely. For starters, your paint and interior are going to fade. Your glareshield will fade and become brittle. Every component of the aircraft is going to heat up during the day and cool down at night causing wear and tear even while the aircraft is not in flight. Airborne pollutants and sunlight will rot your tires, deice boots and any other plastic or rubber parts. Rust and oxidation will start to appear around screws and camlocks. The wind will deposit dust and grit into areas that have oil or grease such as wheel bearings and landing gear. Antenna mounts will start to turn yellow. Bugs are going to find your aircraft provides a nice place to make a home. And birds are going to - well - you get the picture! Covers may help a little, but they also trap moisture and grit which causes a whole different set of problems. Even a short thunderstorm can dump enough hail in minutes to cause tens of thousands of dollars to your aircraft, as Colombia Aircraft Company in Bend, Oregon discovered after a passing thunderstorm dropped golfball-sized hail onto dozens of new aircraft sitting outside. If those aren't enough reasons to own a hangar, here are some more: * Hangars usually appreciate in value * Hangars can provide rental income * Hangared aircraft sell at a premium over unhangared ones * Most airports have waiting lists for rental hangars * Hangars can be depreciated for tax purposes if they are used as a rental property * Many hangars qualify as a 1031 tax-deferred exchange property * Hangars can provide storage for more than just airplanes * You can customize your hangar with buildouts like an office or restroom * Compared to most real estate properties, hangars are relatively inexpensive * If you own several hangars as rental properties and you use your aircraft in conjunction with your hangar business, you may be able to write off all or a good portion of your flying costs as a business expense. It gets even better though - if you are in California and you own hangars out of state which you rent out, there is an exemption from sales tax that you can easily qualify for by following some simple rules. Imagine how much that could save you on the cost of a buying a new aircraft. Why Not Just Rent? Renting a hangar is a great idea for short-term protection for your aircraft, but if you are planning to own an aircraft for many years, the only way to guarantee yourself a hangar in the future is to own it yourself. What will you do if the hangar you are in is sold, or the owner decides to use it for himself or rent it to someone else? Where will you go? At most airports demand for hangar space far exceeds supply, and the shortage of hangars is likely to get worse. The General Aviation Manufacturers Association (GAMA) reported that shipments of general aviation aircraft were up 19.1% for the first half of 2006, with 1,843 aircraft being delivered. This comes on the heels of the two previous record-breaking years. While there are no firm numbers on aircraft hangars being built, you would be hard pressed to find half that many available hangars in the entire U.S. The other problems adding to the supply/demand imbalance are 1) very few new airports are being built, and 2) lack of available land for hangar development at existing airports.How many new airports have opened near you recently? How about in the last decade? How about in the last 50 years? The answer is usually the same - zero. Most airports were built before or soon after World War II when land was cheap and plentiful. Unfortunately, now it seems no one wants an airport in their backyard. Increased land values and government regulations practically insure that no new airports will be built near heavily populated areas ever again. Builders of new hangars are left to bid on the last remaining scraps of land which might become available for hangar construction. Hangars as an investment Besides adding value to your aircraft and giving you a flying home, a hangar could prove to be one of your best investments. The supply/demand imbalance is likely to increase as more new aircraft are brought into the market. Anecdotal evidence suggests that hangars are appreciating over 15% per year on average. While there is no guarantee this trend will continue, we believe it will not only continue but increase into the foreseeable future. Everyone who has purchased a hangar from us, ever, has either seen their hangar go up in value or sold it and made a profit. The current boom in general aviation may get a further boost starting in 2008-2010 hundreds of new VLJ's (very light jets) are delivered. One thing you can count on is that the owners of these new machines will not want to leave them parked outside! Add to this two more years of record aircraft sales into the U.S. and you have to wonder where they are going to be stored - there is just not enough hangar space available to house them all. Many buyers of new, high tech aircraft are going to receive a shock when they take delivery of their aircraft, only to find that there are NO hangars available at their airport. While they desperately search for a hangar at every airport within 100 miles, they will be forced to let their new aircraft sit outside or pay exorbitant overnight hangar rental fees to their local FBO, if they have room. How much would a hangar be worth to them at that point? Put a handful of owners in the same situation and you have the type of feeding frenzy that could rocket the value of aircraft hangars and the potential return on your investment should you decide to sell or rent out your hangar. The hangar gold rush has started - it just hasn't hit the headlines yet. At our local airport (John Wayne Airport, Orange County, CA - KSNA) there is NO new hangar space available. It is likely none will be added in the future. So in this area of millions of people, with thousands of pilots, only a few lucky people are able to store their planes in hangars. The waiting list for County-owned hangars is 20+ years, within turnover of about 1 hangar per year (if that). If you have around $4,000/month to spend, you can probably find some space on a temporary basis until such time as someone else is willing to pay more. Palomar, about 45 minutes South, has 60' x 60' hangars approaching (or over) the one million dollar mark. The nearest airport with hangars is Chino, about 30 minutes away, and we are fortunate enough to have secured a few hangars which we are offering for sale only. Why Don't I Just Find Some Land and Build My Own Hangar? Even if you can find an airport that will let you build, it takes an average of two years to get a project to the construction stage. You have to deal with city and/or county governments, airport authorities, architects, designers, mechanical and structural engineers, surveyors, contractors, environmental groups, attorneys, fire departments, the FAA and others. A major hassle for just one hangar. And there is NO guarantee that your efforts will even pay off since regulations can change at any point before construction and halt your project before it begins. That being said, it may be possible, but like anything else it comes at the cost of your time and effort which might better be spent elsewhere. What Is A Ground Lease? Most airports are on government land, and therefore cannot or will not sell land on which to build a hangar. Instead, they lease the hand at a rate which is often substantially under the market value of the land. These leases can be any length, but a typical new ground lease will be for 20 to 50 years. At the end of that period, hangars typically become the property of the airport. The typical ground lease payment for a 60' x 60' hangar is normally less than $250 per month, or $3000 per year, for property which might be valued at over $100,000. Add to that the infrastructure that comes with the property, and ground leases - especially lengthy ones - are an excellent value. There will be additional costs for maintenance, taxes, insurance, utilities, etc. but these costs are usually split between several hangars which still makes lease land attractive. Many people are scared off by the fact that a ground lease will eventually end, and that the hangar ownership will revert back to the lessor (i.e. the county, city, or airport).That's OK, because if everyone knew how easy it is to renegotiate ground leases there would be no more hangars or land available. A simple letter to the airport manager in which you offer to lease the land for your hangar for additional years will often generate good results. Although there is no guarantee, you might be surprised how fast a city council would stamp your request APPROVED, especially if you offered to pay for the option to renew the lease. After all, what government agency will refuse the chance to obtain a guaranteed income stream for several decades for doing almost nothing, plus some much-needed cash in advance? The point is - it happens every day at airports all around the country. What If I Don't Need A Hangar For Several Years? If you ever expect to need a hangar, the time to start looking is" a few years ago". Seriously though, now is better than later. Many large airports are already discouraging further development geared to general aviation airplanes. As businesses compete for the limited amount of remaining space at airfields the land becomes more valuable and less likely to be used for hangar development. Airports are running out of land to be developed, and future expansion of airports near metropolitan areas is unlikely given environmental, wetlands, noise concerns and public opposition..NIMBY (Not In My Back Yard) is the rule on new airports. An unused hangar can be rented out to provide you with additional income until such time as you need it for yourself. Aircraft owners tend to be long-term tenants - it is not uncommon to find people who have rented their hangar for over a decade. Can I Build Additional Improvements In A Hangar? Most ground leases allow for buildouts in hangars, which include restrooms, offices, pilot lounges, etc. These will usually be subject to various approvals which are usually given if the use is reasonable. We have numerous floorplans, photos and design ideas available which can help you plan your buildouts. Are Your Hangars Stubbed For Utilities? Why do you buy hangars? My company owns a hangar (two, actually...) for the same reason I recommend that others own one - protection for our aircraft, security, price appreciation, convenience, and freedom from having a landlord. When I park our aircraft in the hangar, I know that when I return I will find it exactly as I left it. Instead of a rushed preflight before a trip, I can visit the hangar days earlier, top off the fuel, do a thorough preflight, and then be ready to go on a moments' notice. Being in the "hangar business" also allows us to write off the expenses of aircraft ownership - a huge tax savings - as well as take book depreciation on our aircraft which offsets other taxable corporate income. Where can I find more information on hangars? There is no substitute for doing your homework on prior to spending your hard-earned money. Here are some other websites you can check to find hangars available for rent or purchase: http://www.hangartrader.com/, http://www.barnstormers.com/, http://www.pacificflyer.com/, http://www.generalaviationnews.com/, http://www.aviationdevelopmentgroup.com, www.trade-a-plane.com and www.hangarconditions.com.

Hangars Q) Why choose Steel Structures for your steel aviation hangars?
Q) Will this type of construction work in my area?
Q) What about concrete?
Q) What tools are required to construct a steel building?
Q) What are the terms of agreement?
Q) Can I Build Additional Improvements In A Hangar?
Q) How is that Aircraft Hangar Regulated Anyway?
Q) Where can I find more information on hangars?
Q) What is the current situation?
Q) Describe what will be targeted in the project.
Q) What is currently going well that can be built on?
Q) What has been done to confirm the need for new hangars?
Q) Who authorized/initiated the project?
Q) Why are the hangars needed?
Q) What is the motivation of airport users for new hangars?
Q) What resources will be available to complete the project?
Q) What situation demonstrated the current need?

Description of benefits of the new hangars


Q) How will stakeholders benefit in the short run?
Q) How will stakeholders benefit in the long run?
Q) How will the airport, local community and owner benefit in the short/long run?
Q) What are the consequences of not doing the project?
Q) How will success be measured?
Q) What is the monitoring system?
Q) What does success look like?
Q) How will stakeholders recognize success?
Q) What does the project look like?
Q) Why is this project important?
Q) Is it good for business?
Q) How will the project help my business?
Q) How will the project impact my people and time?
Q) What additional workload will I have?
Q) When will this be successful?
Q) How will I know there is a positive impact on my business?
Q) Why is this project important?