Atlantic Aviation at Addison Airport (KADS) plans a “major expansion” at the Texas airport.
Company officials report they’ve just signed a 40-year lease extension with the city of Addison and plan to build a new 28,600-square-foot hangar.
The new hangar also will include office space. In addition, Atlantic will renovate two existing hangars and the FBO lobby.
The $15 million project will be completed in phases, with work on the first phase expected to begin upon completion of design and permitting, according to company officials.