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NetJets and Authority continue lease talks after disagreement over capital contribution

Naples Airport Authority Board of Commissioners · March 19, 2026

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Summary

NetJets and airport staff continued negotiations over a prorated capital contribution for North Road terminal renovations. Staff outlined a ~$641,000 prorated ask; NetJets countered with an offer focused on interior costs (~$180,000) and proposed rent abatement during relocation; the board left the arrangement month‑to‑month and asked staff to continue talks.

Negotiations between the Naples Airport Authority and NetJets continued without a final agreement Thursday after staff presented a prorated capital contribution of roughly $641,000 tied to exterior and interior improvements to the North Road terminal. NetJets’ Zach Burch said much of that total includes previously completed exterior work…

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