Friday, November 22, 2024
55.2 F
Orlando

United Airlines Lease Agreement Brings Aeronautical Development to Orlando International Airport

A lease agreement with United Airlines is bringing aeronautical development to Orlando International Airport.




The Greater Orlando Aviation Authority (GOAA) recently solidified a long-term operational relationship with one of its oldest airline partners. The GOAA board approved a landmark lease agreement with United Airlines for a new Maintenance Repair Overhaul (MRO) complex at Orlando International Airport (MCO), creating a valuable opportunity for future aeronautical development.

United Airlines lease OrlandoThe vision for the new $300+ million MRO campus includes construction of a new maintenance hangar and warehouse, renovations to one of United’s two existing hangars, and demolition of the other one. The scope of the lease includes a post-construction term of 30 years with an additional 10-year option period. This development follows the Innovation pillar in the Aviation Authority’s Strategic Plan, which calls for GOAA to champion a culture that supports multi-industry innovation initiatives.

“It is important for one of the nation’s busiest airports and most established legacy carriers to forge a lasting collaboration,” said Kevin Thibault, GOAA Chief Executive Officer. “United’s new state-of-the-art campus will be a game-changer. This significant capital investment will create jobs, stimulate economic growth and solidify MCO’s position as a hub for aviation excellence.”

“This new state-of-the art facility will bring our team closer together and create new synergies,” said Maria Deacon, United’s Senior Vice President of Technical Operations. “Expanding our footprint in Orlando is also part of our larger strategy to make the most of our planned work to improve reliability and being more proactive and predictive about each airframe we work in Heavy Maintenance.”

United Airlines lease OrlandoUnder the new agreement, United will build a 354,400 square-foot hangar capable of accommodating up to six narrow-body aircraft at once, with the flexibility to accommodate one wide-body aircraft and three narrow-body aircraft simultaneously. In addition to the hangar, United will also construct a warehouse, shops, offices, work areas and parking facilities for staff. Current hangar facilities support nearly 1,000 local aircraft maintenance employees. United will continue to operate its existing facilities during the construction period. The airline will vacate its current warehouse once the relocation to the new MRO campus is complete, followed by the demolition of a hangar originally constructed in 1954.

By consolidating the United operation and vacating current facilities, development-ready land will be created with direct ramp and airside access. This type of real estate is a limited resource and is anticipated to spur future aeronautical development at MCO.




The Greater Orlando Aviation Authority is proud to operate Orlando International Airport (MCO) and Orlando Executive Airport (ORL), two of Central Florida’s premier air travel gateways. MCO is a world-class global connector, serving more than 57 million annual passengers across its three terminals, A, B and C. Connected to an Intermodal Terminal Facility that offers high-speed passenger rail service, Terminal C is an inventive structure that elevates the customer experience with 100% automated screening lanes at TSA checkpoints.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest Articles