FBO Plans Signal New Departure for Hangar8
Hangar8 expects to open a new FBO on Jeresy, one of the Channel Islands, in early 2015. According to the UK-based group’s CEO, Dustin Dryden, the year-long construction project is slated to begin in the offshore tax shelter by the start of next year. Dryden indicated that Hangar8 is exploring plans to expand further into the FBO sector. “We see this as a way to improve the facilities and the service we receive ourselves [as an aircraft operator] and we may buy our way into existing [ground handling] markets where established skills and facilities are available,” he explained.