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TAC Creates Hangar Management Business with Acquisition

Tuesday, May 18 2021
TAC - The Arnold Companies

by Jerry Siebenmark / May 18, 2021, 6:01 PM

TAC Private Hangars will manage 60,000 sq ft of hangar space and 5,000 sq ft of office space at Scottsdale Airport in Arizona following parent company The Arnold Companies' acquisition of the assets of Gemini Air Group. 

Following its May 1 acquisition of the assets of Gemini Air Group at Arizona's Scottsdale Airport (KSDL), Arizona, Dallas-based The Arnold Companies (TAC) has established a Keystone Aviation operation there. Additionally, it created TAC Private Hangars, which will manage more than 65,000 sq ft of upscale private hangar and office space at KSDL.

Keystone, which was acquired by TAC in 2012, will provide its full range of charter, aircraft management, and Part 145 repair station services at SDL that will serve as a second hub to Keystone’s primary hub at Salt Lake City International Airport. The Keystone charter fleet comprises 13 business aircraft and includes Pilatus PC-12 turboprop singles, an Embraer Phenom 100, and a Gulfstream G550. 

“Picking up a second hub in Scottsdale expands our regional footprint south from Salt Lake City in the desert to mountain corridors we fly regularly,” said Keystone COO Aaron Fish. “With the addition of Scottsdale, we can now offer a greater selection of aircraft to get customers where they want, when they want.”

Meanwhile, "the brand extension under TAC is a strategic opportunity for development as we continue to diversify our services and expand into new [business aviation] markets," said TAC Private Hangars COO Joe Gibney. In addition to providing customers with hangar space and tenant office space, TAC Private Hangars will offer dedicated handling services at KSDL.

Read the full story on AINOnline.com >

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