Aviation Concepts Technical Services (ACTSI) has signed a 25-year lease with the Philippines’ Subic Bay Metropolitan Authority (SBMA) for a nearly 18,000-sq-m (193,750-sq-ft) hangar at Subic Bay International Airport for business jet operations.
ACTSI plans to refurbish the former U.S. Navy hangars by the third quarter, using the space for business jet parking and MRO services. The company holds Part 145 approvals from the Civil Aviation Authority of the Cayman Islands and Bermuda and is working toward expanding its capabilities to include similar approval from the U.S. FAA.
“With the added push coming from government, we will be able to jointly launch ACTSI’s services this year together with Subic Airport’s 24/7 capability,” said SBMA chairperson and administrator Wilma “Amy” T. Eisma. The airport is expected to eventually be managed by the proposed Philippine Airport Development Corp., which will oversee construction, maintenance, and operation of all airports in the country.