Airport & Airplanes Hangar Rental

Airport & airplanes hangar rental services are available in a variety of different options from T-hangars to conventional hangars and uncomplicated open-air tie-down space.

T-hangars can be available for short term rent or long term lease. Often airports have different sized hangars at different prices. Some hangars are older and offer fewer facilities while many are new with all the facilities an aircraft owner could require, like electricity, heat and running water.

Availability of short term rentals varies considerably throughout the year. Many locations have waiting lists for specific hangar use. This annoys some owners because aircraft owners new to the airport often get a space easily with little waiting time.

Sometimes people who have long term leases sublet their space to others for short term rentals and occasionally long term use. Spaces can accommodate from a small one engine airplane to a mid sized jet. Sometimes an owner just wants a one or two day hangar rental. This is usually arranged in advance via the airport company for short term stopovers.

Keeping a Gulfstream IV in a hanger will cost you around $100,000 per annum, $15,000 for a small  four seat Piper.

When renting, the airport & airplanes hangar rental agreement should be fully understood as it represents a legal agreement. It specifies the amount that will be paid as rent and it is usually paid in advance of use. The contract will dictate how long the agreement is to last and the notice period if the rental is for monthly periods. Failure to make payments on time will end the agreement and the renter will need to move their aircraft quickly.

The agreement will always say that the rental is for exclusive use of storing an aircraft with any other storage at the mercy of the airport hangar management. You won’t be allowed to operate a business from the hangar without separate legal agreements. It will also state that maintenance work can’t be carried out in the hangar without authority from the airport manager. The airport will want the first opportunity to sell you their services.

The agreement will also ask that you keep your hangar doors closed; you wouldn’t want anyone to steal your aircraft. So unless you’re running an operation from the hangar, you’ll keep those doors closed at all times. All hangar owners will refuse to take on any responsibility for your actions while you rent the hangar space. You’ll have to provide your own fire, collision and theft insurance while you operate an airport & airplanes hangar rental.