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Airport director: Shaft Drillers seeks 40‑year lease, large hangar at Morgantown Municipal Airport
Summary
Airport staff briefed council that Shaft Drillers International plans to relocate aircraft to Morgantown and build the airport’s largest hangar; the company seeks a 40‑year lease to support an estimated $12 million hangar, with a land lease revenue of about $11,000 per year noted in the presentation.
Morgantown Municipal Airport staff told council the airport is negotiating a commercial lease and operating agreement with Shaft Drillers International, a company that operates corporate aircraft and helicopters and uses the Morgantown airport frequently.
Airport staff described Shaft Drillers’ plan to relocate corporate jets and helicopters…
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