Sunday, June 19, 2011

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

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Victor White, director of airports for the WichitwaAirport Authority, says information presented to the city's Airporgt Advisory Board indicates that needs three acres of land in the southwestr corner of Jabara. White expects a final lease agreement to be worked out within two orthreee months. It would be the first tenant withina 20-acrd tract where the airport authoritt spent $665,000 extending streets plus water and sewer lines. Executive AirShare is currently headquartered atKansas City's .
"I would just tell you that we haven'y signed anything so we're just reluctant to talk about it until we have an agreement with the saysBob Taylor, Executive AirShare's president and CEO. The companyt has four operations bases: Kansas City, Fort Worth and 12,000 square feet of office and hangar spacewat . The Wichita office handles flighg schedules forthe company's fleet of 12 businessz aircraft along with a maintenance operation. The leasede space is inside 's 50,000-square-foor aircraft service center, known as a fixed-base operatore (FBO). Eaglejet bought the FBO'se assets in 2006 from as it was evolving intoExecutivd AirShare.
The move "would allow us to expan d a little. We're full, says Jamie Pegg, Eaglejet's president and CEO. "Itt will allow me to start wooinyother customers." Executive AirShard sells partial ownership in business aircrafgt with the promise the airplane will be available on the customer' schedule. The fleet includes two Beechjet four Beechcraft KingAir 305s, five King Air C90Bs and one Beechcraft The company has clients in Wichita, Taylor along with the other three citiees that have operations He declined to provide a specific number. Moving to Jabarw would be more convenient for those Taylor says.
It creates a new fuel-sales customer for Midwesr Corporate Aviation, Jabara's FBO, but also a potential competitor. "If somebod y gives up charter and goes to fractional operation it does impact saysBob Karslake, MCA's president. "Charter is stillo the cheaper way to goversux fractional, but the one thing we can'tt offer that the fractionals can is a guarantee that you'lll have the airplane when you want it.
" MCA has been conductinbg a direct mail campaign to Wichita businesses in an effort to buile business for its aircraft charter Businesses that locate on Wichita Airporty Authority property are responsible for paying construction The airport authority retainas ownership of the land and the completed structurews with the business making lease Executive AirShare and the airportr authority have been working on the project for more than White says. Last fall, streetws and utilities were extended into the southwest corner at Jabarq to make the land readyfor "This is the first tenant to go into it and we're real excited abou it," White says.
"It's going to open up that wholr area. We're negotiating with some othed folks. Nothing concrete yet." Executive Airshare Corp. Headquarters: Charless B. Wheeler Downtown Airport, 150 Richards Road, Suite 150, Kansaa City, Mo., 64116. Telephone: (816) 221-7200. Top Bob Taylor, president and CEO. Web .

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