After reaching an agreement with Los Angeles World Airports, Atlantic Aviation has begun construction of the first corporate aircraft storage hangar at Los Angeles International Airport, where the company already operates an FBO. The $7.8 million 36,500-sq-ft general aviation hangar is scheduled for completion early next year and will be able to accommodate up to four large-cabin business jets. According to the company, the hangar is already sold out, and the company plans to offer transient space as available.

In the Northeast, Atlantic will launch a $4.1 million renovation of its Teterboro Airport location that will add seating areas in the passenger and pilot lounges, reconfigure the front desk to expedite traffic flow and open up panoramic views of the New York City Skyline. At Stewart International Airport in Newburgh, N.Y., Atlantic will rebuild its FBO at a cost of nearly $1 million, with a fresh interior, a view of the ramp and enhanced customer amenities.