Vision Aviation, the lone services provider at Louisiana’s Lake Charles Regional Airport for more than a decade, has sold its FBO business to Freeman Holdings Group, owner of 11 Million Air locations, three of them in the Bayou State, including one at nearby Chennault International Airport. At the company’s request, the airport authority terminated its agreement with Vision Aviation and approved the sale of its assets, before granting a new 50-year lease to Freeman Holdings. Vision Aviation will continue to operate several hangars at the airport.
AAR has signed an agreement with the Chennault International Airport Authority to open its sixth North American aircraft maintenance, repair and overhaul (MRO) facility in Lake Charles, La., at Chennault International Airport. AAR will occupy approximately 520,000 sq ft of MRO service and administrative space at the facility and will be capable of supporting maintenance operations for all widebodies.
Excel-Jet is looking for a new home to continue with development of the single-engine Sport-Jet and is considering a move to Chennault International Airport in Lake Charles, La., a former air force base with plenty of room for new businesses. Excel-Jet is seeking $1 million in local incentives, a new hangar, $10 million from state bonds and additional Louisiana economic development money.
If at first you don’t succeed, try, try again. Start-up VLJ developer Excel-Jet is taking this saying to heart as it attempts to move its headquarters in exchange for local government financial support. Nearly two years ago, the Monument, Colo.-based company said it was moving to Guthrie, Okla., to take advantage of a $3 to $5 million incentive package from local and state resources.