You’ve made a significant investment in a private aircraft, your key to freedom and efficiency. But protecting that asset is just as important as enjoying it. The single most important factor in safeguarding your plane is securing a proper private plane hangar. It’s more than just a garage; it shields your jet from the elements and security threats, directly impacting its maintenance costs and resale value. Whether you're exploring hangar rental for private jets or building your own personal airplane hangar, this guide will help you make the smartest financial decision by comparing the costs and benefits.
When you charter with Hangar 7 Aviation, you’ll able to fly to and from a smaller, executive airport (which means you can board the plane having interacted with no more than a handful of people.) You’ll also have your pick of all types of private jets. We’ll help you find the one that works best for you.
What Types of Private Jets Can You Charter?
As a private jet broker, Hangar 7 Aviation can source any plane from just about any place in the world.
Are you looking to fly out of the Hayward Executive Airport in San Francisco for a weekend escape to the Las Vegas strip? We can find you a plane that will do just that. We can even arrange for it to land in an airport like Henderson Executive, where you’ll avoid the hustle and bustle of McCarran International and get into the city as quickly (and seamlessly) as possible.
Or, in these trying times, maybe you and your family need to get out of the city and practice some social distancing, but you don’t want to deal with the delays and chaos of a commercial airport. Just get in touch with Hangar 7 and we can get you set up on any number of private jets that will get you where you need to go.
Just let us know how many people are flying with you (we can even accommodate your pets!), how much luggage you’re bringing, and any requests you have. From there, we’ll charter a flight that ensures everyone in your party will fly comfortably and safely, no matter where you’re going.
For example, on short to mid-range flights with 8 or fewer passengers, a Hawker 400XP may be the ideal balance of efficiency and comfort. On large family trips or corporate events, a Bombardier Global Express XRS can get you there in style. The Challenger 604 splits the difference in size while still offering globe-trotting intercontinental range. Explore these and many more aircraft options at Hangar 7 Aviation.
Why Choose a Private Jet for Your Next Trip?
We all know how hectic flying can be, and very few of us enjoy the experience of being ushered through a crowd of loud and impatient people all eager to get on their plane. Chartering a private jet is just a better way to fly, and private jet brokers exist to help you take advantage of that.
Whatever private charter experience you’re looking for, Hangar 7 Aviation can set it up for you. Most private charter jets come with a variety of snacks and beverages already on board, but if you want a bottle of champagne or a specific meal ready for you when you board, let us know, and we’ll make sure it’s waiting for you.
Or if your kids are out of school, like so many are right now, and you want to get away until everything blows over, then we can make sure your flight has the types of snacks (or games!) onboard so your whole family can have a relaxing flight. That’s the beauty of flying on the types of private charter jets Hangar 7 Aviation can provide!
Beyond Charter: Aircraft Ownership and Hangarage
While chartering offers incredible freedom, for some, the ultimate expression of convenience and control is aircraft ownership. Moving from chartering to owning a private jet is a significant step, and it comes with new considerations—chief among them is where to keep your investment. An aircraft is more than just a mode of transport; it's a valuable asset that requires protection, security, and maintenance. This is where hangarage becomes a crucial part of the ownership experience. A proper hangar does more than just house your plane; it preserves its value, ensures its readiness, and provides a secure base of operations for all your travel needs.
Understanding the importance of hangarage is the first step. The next is finding the right solution for your specific aircraft and travel patterns. Whether you're looking for a private space at your home airport or need a managed solution that handles all the logistics, the right hangar is essential. At Hangar 7 Aviation, we not only assist with aircraft ownership and sales but also provide comprehensive management services, which include securing the perfect hangar space to protect your asset. Let's explore why a hangar is non-negotiable for any aircraft owner and what your options are.
Why a Hangar is Essential for Your Aircraft
Deciding to purchase an aircraft is a major investment, and protecting it should be your top priority. Leaving a multi-million dollar jet exposed on a tarmac simply isn't an option. A dedicated hangar provides a controlled environment that shields your aircraft from a variety of risks, ensuring it remains in pristine condition and ready for flight at a moment's notice. This protection extends beyond just the weather; it encompasses security for the aircraft and its contents, as well as access to essential ground services that make the entire travel experience seamless. A hangar is the cornerstone of responsible aircraft ownership.
Protection From the Elements
Storing your private jet in a hangar is fundamental to preserving its condition and value. Hangars offer critical protection from the elements, shielding your aircraft from damaging weather like hail, corrosive salt air, and intense sun exposure. UV rays can degrade paint and damage sensitive avionics over time, leading to costly repairs and a lower resale value. By keeping your aircraft sheltered, you prevent unnecessary wear and tear, reduce maintenance costs, and ensure that your investment remains in top-flight condition for years to come, safeguarding its long-term financial worth.
Enhanced Security and Safety
Beyond weather protection, hangars provide a secure environment that is simply unmatched by open-air storage. A private hangar significantly reduces the risk of theft, vandalism, and unauthorized access. These facilities are typically equipped with advanced security measures, including controlled access points, surveillance cameras, and often, on-site security personnel. This level of security not only protects the aircraft itself but also any valuable equipment or personal items stored inside. It gives you peace of mind knowing your asset is safe and sound when you're not using it.
Access to FBO Amenities
Hangarage at a Fixed-Base Operator (FBO) often comes with a suite of valuable amenities for owners, crew, and passengers. FBOs are the private terminals of the aviation world, and they cater to the needs of private travelers. Many FBOs provide comfortable passenger lounges, conference rooms for business meetings, and on-site concierge services. For your flight crew, these facilities offer flight planning resources and rest areas. This integrated support system makes your departure and arrival experience smooth, comfortable, and efficient, adding another layer of convenience to private jet ownership.
Sustainable Aviation Facilities
As the aviation industry moves toward a more sustainable future, the facilities that support it are evolving as well. Many modern hangar facilities are being built with environmental responsibility in mind. For example, some FBOs are becoming certified as green aviation businesses by incorporating features like solar panels, energy-efficient lighting, and electric vehicle charging stations. Choosing a hangar at a facility committed to sustainability allows you to align your aviation practices with your environmental values, supporting a greener future for the industry while receiving state-of-the-art service and protection for your aircraft.
Renting vs. Buying a Hangar: Making the Right Choice
Once you understand the necessity of a hangar, the next question is whether to rent one or buy or build your own. This decision is not just a financial one; it involves considering your long-term plans, desire for customization, and tolerance for maintenance responsibilities. Renting offers flexibility and lower upfront costs, making it an attractive option for many owners. On the other hand, buying or building a hangar provides a permanent, customizable asset that can be tailored to your exact specifications. Each path has distinct advantages and disadvantages that you should weigh carefully against your personal and operational needs.
Key Differences to Consider
The choice between renting and buying a hangar hinges on several key factors: control, cost, and commitment. Buying gives you total control over the space, but it comes with the responsibilities of maintenance and a significant financial investment. Renting frees you from long-term upkeep and requires less capital, but you sacrifice customization and are subject to the landlord's rules. Your decision will depend on how you prioritize these elements and what best suits your flying habits and financial strategy. Let's break down the most important differences to help you make an informed choice.
Time and Customization
One of the biggest distinctions between renting and buying is the level of control you have over the space. When you buy or build a hangar, you have complete freedom to design and modify it to your exact needs—whether that means installing specialized maintenance equipment, building a private office, or creating a comfortable lounge area. Renting, in contrast, offers very limited customization. Any changes typically require the landlord's approval, and you're generally working within a pre-existing structure that may not be perfectly suited to your aircraft or preferences.
Maintenance and Upkeep
Responsibility for maintenance is another critical dividing line. If you own the hangar, you are responsible for all its upkeep, from fixing a leaky roof to servicing the hangar doors. This can add to your operational costs and require your time and attention. When you rent, the landlord is typically responsible for handling all major repairs and routine maintenance. This can simplify your ownership experience, as you can focus solely on your aircraft without worrying about the building it's housed in, making it a more hands-off solution.
Financial Obligations
The financial implications of renting versus buying are starkly different. Buying a hangar requires a substantial upfront capital investment, which ties up a significant amount of money. However, it can be a sound long-term investment that appreciates over time. Renting requires a much smaller initial outlay—usually just a security deposit and the first month's rent. This keeps your capital liquid for other investments or operational costs. While you won't build equity, the lower barrier to entry makes renting a financially flexible option for many aircraft owners.
Flexibility and Exit Strategy
Your long-term plans should heavily influence your decision. Renting a hangar offers much greater flexibility. If you decide to sell your aircraft, relocate, or upgrade to a larger jet that requires a different space, a rental lease is relatively easy to terminate or not renew. Selling a hangar you own is a much more involved process, similar to selling any piece of real estate. If you value the ability to adapt to changing circumstances quickly, the flexibility of a rental agreement is a significant advantage that provides a straightforward exit strategy.
The Cost of Renting a Private Plane Hangar
For many aircraft owners, renting a hangar is the most practical and financially sensible choice. It provides the essential protection and security your aircraft needs without the long-term commitment and capital expense of purchasing a property. However, rental costs can vary significantly based on a number of factors, including the size of the hangar, its location, and the amenities included. Understanding these variables will help you budget appropriately and find a rental agreement that offers the best value for your needs. Generally, you can expect to pay a monthly fee that covers the space as well as access to certain FBO services.
Typical Monthly Rental Rates
The monthly cost to rent a private plane hangar can range widely. According to industry data, a smaller hangar designed for a single-engine plane or a very light jet might rent for approximately $850 to $950 per month. For larger, mid-size, or super-midsize jets that require more space, you can expect the costs to be significantly higher. A hangar of around 10,000 square feet, suitable for a larger private jet, could have a monthly rental rate between $4,000 and $7,000. These figures serve as a general baseline, but the final price will depend on the specific airport and market conditions.
Factors That Influence Rental Prices
Several key factors determine the final rental price of a hangar. Location is paramount; a hangar at a busy metropolitan airport will cost considerably more than one at a smaller, rural airfield—sometimes 20-50% more. The size and quality of the hangar also play a major role, with newer facilities and those with climate control commanding higher prices. Finally, the length of your lease can impact your monthly payment. Landlords often offer discounts of 10-20% for longer-term commitments, as it provides them with stable occupancy. Considering these factors will help you find a space that fits your budget.
The Cost of Buying or Building a Hangar
For those who see aircraft ownership as a long-term commitment and desire a permanent, personalized base of operations, buying or building a hangar is an excellent option. This path provides you with a tangible asset that can be tailored to your every need, from custom-designed interiors to specialized maintenance bays. While the upfront investment is substantial, owning your hangar can offer financial benefits over time, including potential appreciation in value. The total cost will depend on whether you purchase an existing structure or build one from the ground up, with construction costs influenced by a wide array of variables.
Construction Costs Per Square Foot
If you choose to build a new hangar, the construction costs are a primary consideration. On average, you can expect the cost to build a new aircraft hangar to fall somewhere between $60 and $120 per square foot. This means that a 10,000-square-foot hangar, suitable for a large-cabin jet, could cost anywhere from $600,000 to $1.2 million to construct, not including the cost of the land itself. This price range covers the basic structure, but the final figure will be shaped by the specific materials, design complexity, and features you choose to include in your custom facility.
Variables Affecting the Final Price
The final price tag for buying or building a hangar is influenced by a host of variables. The location is a major factor, as land prices and construction costs differ dramatically from one region to another. The size and design of the hangar are also key; complex architectural designs or the need for specialized features like high-capacity cranes will increase the cost. The choice of materials, from the steel frame to the type of insulation and hangar door, will also impact the budget. Finally, you must account for the costs of utilities, permits, and ensuring compliance with local building codes.
How to Find a Private Plane Hangar
Securing the right hangar, whether for rent or purchase, can sometimes feel like a challenge, especially in high-demand areas. The availability of hangar space often depends on the specific airport, with major executive airports in large cities experiencing much tighter supply than smaller, regional ones. The key is knowing where to look and who to ask. The process involves more than just finding an empty building; it's about finding a space that fits your aircraft, meets your security and amenity needs, and aligns with your budget. Fortunately, there are several resources available to simplify your search.
Understanding Hangar Availability and Market Demand
The market for private aviation has grown, and with it, the demand for quality hangar space. This increased demand means that in many popular locations, there can be a waiting list for hangar rentals. Understanding the local market dynamics is crucial. Some airports have a robust inventory of private and corporate hangars, while others may have limited options. Being flexible with your location or getting on a waiting list early can be effective strategies. The goal is to find a solution that provides both immediate protection and long-term convenience for your aviation activities.
The Growing Market for Private Aviation
As more individuals and businesses turn to private aviation for its efficiency and convenience, the infrastructure supporting it is expanding. This growth has led to the development of new hangar facilities and an increase in the options available to aircraft owners. Online marketplaces have emerged to connect owners directly with hangar space for rent or sale, offering everything from short-term rentals to long-term leases and purchase opportunities. This evolving market means that with a bit of research, you can find a hangar solution that is perfectly suited to your needs, no matter where your travels take you.
Resources for Finding a Hangar
Finding the perfect hangar doesn't have to be a solo mission. There are specialized resources designed to connect aircraft owners with available space, streamlining the search process considerably. From dedicated online platforms to expert aviation partners, these resources can provide access to listings and insights that you might not find on your own. Using these tools can save you time and effort, helping you secure a hangar that meets all your requirements quickly and efficiently, so you can get back to what matters most: enjoying the freedom of flight.
Online Hangar Marketplaces
One of the most direct ways to find a hangar is through online marketplaces specifically designed for aviation real estate. Websites like Hangar Direct and Controller are excellent resources that aggregate listings for hangars available for sale or rent across the country. These platforms allow you to filter your search by location, size, and price, making it easy to compare options in your desired area. They provide a transparent and accessible starting point for any owner beginning their search for the ideal hangar space.
Working with an Aviation Management Partner
For a more personalized and comprehensive approach, partnering with an aircraft management company is an invaluable resource. A firm like Hangar 7 Aviation has deep industry connections and extensive knowledge of airport real estate markets. As part of our hangar and management services, we can leverage our network to find off-market opportunities and negotiate favorable terms on your behalf. This approach is particularly beneficial for busy owners who prefer to delegate the complex logistics of securing a hangar to a trusted expert, ensuring a seamless and stress-free experience from start to finish.
A Note on Living in an Airplane Hangar
The idea of living in an airplane hangar, often romanticized in movies like *Top Gun*, captures the imagination of many pilots and aviation enthusiasts. The concept of a "hangar home" or "hometel" combines living quarters with private aircraft storage, offering the ultimate convenience of walking from your living room to your cockpit. While this lifestyle is appealing, it's important to understand that it's not as simple as just moving a couch into an existing hangar. There are specific zoning laws, FAA regulations, and building codes that govern residential use of airport properties, making it a niche and highly regulated housing option.
Navigating FAA Rules and Zoning Laws
If you're dreaming of living alongside your aircraft, the first step is to understand the legal framework. The Federal Aviation Administration (FAA) has regulations regarding residential use of hangars at airports that receive federal funding. Furthermore, local zoning laws are often the biggest hurdle, as most commercial or industrial zones where airports are located do not permit residential dwellings. You would need to find a property specifically zoned for mixed-use or obtain a variance, which can be a complex and lengthy process. It's essential to work with local authorities to ensure any hangar home project is fully compliant.
Residential Airparks: The Legal Alternative
For those serious about the fly-in, fly-out lifestyle, the most viable and legal option is a residential airpark. These are planned communities specifically designed for pilots, where homes are built with attached hangars and have direct access to a shared runway. Airparks are zoned for residential use from the outset, eliminating the legal and regulatory challenges of converting a standard hangar. These communities offer a unique lifestyle, surrounded by fellow aviation enthusiasts, and provide the ultimate convenience for any pilot who wants their aircraft to be an integral part of their home life.
Frequently Asked Questions
Is a hangar truly necessary for my aircraft? Think of it this way: you wouldn't park a luxury car on the street, exposed to sun, hail, and security risks. Your aircraft is a far more significant and sensitive asset. A hangar is the best way to protect it from weather damage that can degrade its paint and avionics, which helps preserve its resale value and reduce long-term maintenance bills. It’s less of an expense and more of an essential part of protecting your investment.
What's the quickest way to decide between renting and buying a hangar? It really comes down to your long-term plans. If you value flexibility—perhaps you plan to upgrade your jet in a few years or might relocate—renting is your best bet. It keeps you agile with a clear exit strategy. If you see your aircraft as a permanent fixture in your life and want total control to customize your space, then buying or building is a solid long-term asset that you can tailor to your exact needs.
I'm having trouble finding an available hangar. What should I do? It’s true that hangar space can be tight, especially at popular executive airports. The first step is to get on waiting lists at your preferred locations. However, the most effective approach is to work with an aviation partner. Companies like Hangar 7 Aviation have deep connections within the industry and often know about off-market opportunities or upcoming availability that you won't find listed online.
Can I customize a hangar that I'm renting? Generally, customization in a rental hangar is quite limited. You might be able to make small, non-structural changes, but you will always need the owner's permission first. Major modifications like building an office or installing specialized equipment are typically not allowed. If having a space designed specifically for your needs is a priority, owning the hangar is the only way to get that level of freedom.
Besides the monthly rent, what other costs should I anticipate with a rental hangar? While the monthly rent is the main expense, you should clarify what it includes. Some agreements might bill separately for utilities like electricity. You will also need to have your own insurance for your aircraft and its contents. Depending on the airport and FBO, there may also be separate fees for specific services, so it's always a good idea to ask for a complete breakdown of costs before signing a lease.
Key Takeaways
- Protect your investment first: A hangar isn't just a garage; it's the best way to shield your aircraft from weather, security risks, and premature wear, directly preserving its value and reducing future maintenance bills.
- Choose your path: rent for flexibility, buy for control: Renting offers lower upfront costs and an easy exit strategy if your needs change, while buying or building provides a permanent, customized asset that can appreciate over time.
- Use specialized resources to find the right space: Simplify your search by using online aviation marketplaces to see available listings, or partner with an aircraft management firm to access their industry network and find off-market opportunities.
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