Executive Wings to double in size at Melbourne Airport
Aircraft maintenance company expansion adds to MLB’s growing aviation cluster
MELBOURNE, Fla. (July 19, 2011) — The Melbourne Airport Authority is expected to approve on Wednesday the construction of a new 33,750-square-foot hangar that will house Executive Wings, Inc., a full-service turboprop maintenance facility.
Executive Wings, which recently acquired Royal Atlantic Aviation, Inc. at Melbourne International Airport, was identified as “Project Aloha” during negotiations with the airport, the city of Melbourne and the Economic Development Commission of Florida’s Space Coast.
The new hangar, which more than doubles the size of the Royal Atlantic Aviation lease, will help create more than 10 new jobs and expand Executive Wings’ annual economic impact to nearly $2 million a year.
Executive Wings will offer aircraft service, maintenance, engineering, airframe modifications, engine overhauls/upgrades, safety upgrades, fuel, ground support equipment and flight certification training at its new facility.
The expansion will further enhance the airport’s reputation as a rapidly growing aviation maintenance and manufacturing hub. Executive Wings joins fellow aviation maintenance companies AAR Corp. and MidairUSA, who began operations at the airport this year. Additionally three aircraft manufacturers, Liberty Aerospace, Evektor and Brazilian aviation giant Embraer, operate at the airport.
“We have a wonderful opportunity here to continue to expand the airport’s aviation manufacturing and maintenance cluster,” said Richard A. Ennis, airport executive director. “This type of project helps us grow as one of the Southeast’s most dynamic aviation and aerospace hubs while creating new jobs in the post-shuttle economy.”
Executive Wings considered at least two other airports outside the state before deciding to expand at Melbourne.
Construction of the $2.77 million Executive Wings hangar is being financed by the airport and an $860,000 grant from the Florida Department of Transportation. The company has agreed to a 20-year lease with two five-year extension options.
The airport board also will consider a request by Executive Wings to become a fixed-base operator “A” at the airport, which would grant permission for the company to sell aviation fuel.
About Melbourne International Airport
Melbourne International Airport serves east Central Florida, including Brevard and Indian River counties, and is responsible for generating more than $1 billion per year in economic activity. The airport, which has three runways and a 200,000-square-foot terminal, currently serves Delta Air Lines, Delta Connection, Direct Air, US Airways, Baer Air and AirGate Aviation. For more information, visit www.mlbair.com.