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Consultants tell airport authority Georgia faces a statewide hangar shortfall; urge market‑based development
Summary
Consultants from a private aviation real‑estate firm told the Athens‑Clarke County Airport Authority that Georgia faces a significant shortage of hangar space (roughly 1,405 additional spaces in 2023 data) and recommended market‑rent analyses, ground‑lease changes and private capital to expand hangar inventory and revenue.
Consultants from Flock Realty Group presented data and recommendations on hangar supply to the Athens‑Clarke County Airport Authority on Tuesday, telling authority members the state faces a sizable shortfall in hangar parking and aging hangar stock.
The presentation summarized a 2023 statewide study and local market observations, and concluded “there are 1,405 total additional spaces needed” to meet current demand, the consultant said. The firm urged the authority to pursue targeted market‑rent studies, tighter lease provisions and private equity arrangements to fund hangar construction.
Why it matters: Hangars and jet fuel sales are the airport’s primary revenue…
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