Wednesday, October 10, 2012

Executive AirShare planning operations, maintenance base at Jabara Airport - Wichita Business Journal:

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Victor White, director of airports for the WichitaAirport Authority, says information presented to the city's Airport Advisory Boarsd indicates that needs threes acres of land in the southwest corner of White expects a final leas e agreement to be worked out within two or threwe months. It would be the firstr tenant withina 20-acre tract where the airporyt authority spent $665,000 extending streets plus water and sewerf lines. Executive AirShare is currently headquartered atKansaa City's .
"I would just tell you that we haven't signe anything so we're just reluctant to talk abour it until we have an agreement with the saysBob Taylor, Executive AirShare's president and CEO. The company has four operations bases: Kansas City, Fort Worth and 12,000 square feet of office and hangar spaceat . The Wichita office handles flightt schedules forthe company's fleet of 12 businesss aircraft along with a maintenance operation. The leased spacee is inside 's 50,000-square-foot aircraft service center, knowh as a fixed-base operator Eaglejet boughtthe FBO'sw assets in 2006 from as it was evolving into Executive AirShare.
The move "woulc allow us to expand a We're full, completely," says Jamie Eaglejet's president and CEO. "Ir will allow me to start wooinfother customers." Executive AirShare sells partial ownership in busines s aircraft with the promise the airplane will be availablde on the customer's schedule. The fleet includez two Beechjet 400As, four Beechcraft King Air 305s, five King Air C90Bx and one Beechcraft Baron. The company has clientsz in Wichita, Taylor says, alonhg with the other three cities that haveoperationws bases. He declined to provide a specific number. Moving to Jabara would be more convenient forthose customers, Taylor says.
It creates a new fuel-salee customer for Midwest Corporate Aviation, Jabara'as FBO, but also a potential "If somebody gives up charter (service) and goes to fractionalk operation it doesimpact us," says Bob Karslake, MCA's president. "Charteer is still the cheaper way to goversus fractional, but the one thiny we can't offer that the fractionalws can is a guarantee that you'll have the airplanew when you want it." MCA has been conducting a direcr mail campaign to Wichita businesses in an efforf to build business for its aircraft charter service. Businessesa that locate on Wichita Airport Authority property are responsible for payingvconstruction costs.
The airport authority retains ownership of the land and the completer structures with the business makinglease payments. Executive AirShare and the airporg authority have been workingt on the project for morethan year, White Last fall, streets and utilitiea were extended into the southwest corner at Jabara to make the land ready for "This is the first tenant to go into it and we're real excited about it," White says. "It's going to open up that wholr area. We're negotiating with some other Nothingconcrete yet." Executive Airshare Corp. Headquarters: Charlexs B. Wheeler Downtown 150 Richards Road, Suite 150, Kansas City, Mo., 64116. Telephone: 221-7200.
Top executive: Bob Taylor, president and CEO. Web .

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