Aircraft Hangar Doors Construction Manual Part - II| Hangar doors

In the second part, you will learn about the scope of this hangar development, exploring alternative approaches and the financial implications of each estimate. They analyze conditions, analyze stakeholders, find key decision-makers and create a formal business plan.

If you have found the right approach, create a SWOT analysis (see right).

Explore options

There are a number of approaches to building aircraft hangar doors. Each has its advantages and disadvantages, so you should consider the options to determine which one is the best.  

We believe there are 3 main decisions:

• A private company seizes the land on a lease of more than twenty years and leases the sheds to the tenants.
• Private developers have been seizing land for a lease for over twenty years and renting sheds to tenants.
• The airport owns aircraft hangars and rents them to tenants. 

Benefits of Private ownership vs. Airport ownership: 

Private ownership

• No external investment required.
• No owner management required
• Treat with a person.
• No risk of occupation. 

Airport ownership

• Strong demand
• High turnover rate
• Build according to your own specifications.
• You can ensure compliance with the laws and rules of the airport. 

Disadvantages of Private ownership vs. Airport ownership: 

Private ownership

• Limited control over the lease or increased rent. 
• Impairment of assets.
• Managing the Hangar queue can be problematic. 

Airport ownership

• Management control of the owner of the airport required.
• Perhaps the highest capital costs.
• Maintenance costs come from airport budgets.

Generate money

sliding hangar doors Installation

The generation of money is the main goal of all general aviation airports, it is often the best approach to finance the airport owner to build a hangar project and manage. If the owner is not in favor, finding a private source of financing, construction and operation is the most attractive alternative. The key will be your financial analysis.

Financial impact

After considering alternative approaches, it is important to assess the financial impact of each on airport operations. Record the financial history of the airport operations, note the impact of the new hangars and project the result.

You need to get budget estimates for the different alternatives you examined in the previous step. Review revenues, operating costs and capital costs/loan commitments. Remember to consider estimating the increase in fuel sales (and other miscellaneous items that would increase) based on the number of aircraft at the airport. A cost-effective source of such information can be obtained from previous projects in your airport or at nearby airports, adjusted for inflation and perimeter differences. Use an airport consultant or engineering office to make budget estimates.

Once you have gathered the relevant information, run the financial projections for at least 10 years making adjustments related to operating expenses and income inflation. During this 10-year period, you will likely see that existing loans can be fully disbursed, creating the potential for positive cash flow and other benefits. These must be documented in the final business plan to justify the project.

Hangar door on the new airplane hangars construction

SWOT analysis of aircraft hangar doors construction

SWOT analysis for aircraft hangar doors construction

The purpose of determining the strengths, weaknesses, opportunities, and risks of the project (SWOT) is to discover the impact that will have your hangar doors project for airport stakeholders. It is useful for a group of project developers to work together on SWOT analysis and interview key decision makers or stakeholders. This helps to detect potential problems faster than doing it alone. In general, you will discover things that you can use to your advantage or issues that you can address in the early stages of project planning to limit potential negative impacts.

Once the SWOT analysis is complete, you will have a better idea of ​​where to focus your energy to convince decision-makers and other stakeholders to support the project. If you are lucky, you may not be very worried about it, but it is better to protect yourself from the weapon

Strengths

• History of success
• A waiting list of aircraft hangars is full.
• Support local people, city, and country.
• FAA funding is available.

Weakness

• The airport manager has limited experience.
• The resistance of the tenants.
• Lack of support from the owner.
• Neighbors resist.

Opportunities

• Provides increased revenues for the airport.
• Customers more satisfied with the airport.
• Increased business opportunities for airports.
• Improvement of transport 

Threats

• Obstacles of current tenants.
• The resistance of the community.
• The financing of the airport is managed by the Congress.
• The developer has conflicting interests.

Boundary conditions  

These are nothing but the circumstances surrounding the project. They determine what is connected and what is not. Each project has limits that you can not modify or modify. If you find them during your planning phase, you will save time and money.

• FAA and state funding
• Architectural designs must be reviewed and approved.
• The city must confirm the project plan and contract award.
• Leases must be negotiated with some current tenants at the airport.
• Neighbors must be involved in the communication.
• Airport restrictions for hangar design.
• The owner does not provide a source of funding (so he has to be self-financing).

Once the boundary conditions have been identified, you may find other issues to consider when developing the business plan and stakeholder relations during project implementation. It is crucial to know who the decision maker is, by whom or by which group You need approvals and if this changes at different times of the project. 

Perform a stakeholder analysis

An actor is a person or group who has been or will be affected by the hangar project. Once you have identified the stakeholders, you need to define their support levels. This helps you to control the acceptance and commitment of your project, as powerful allies can influence those who show little support.

Note that stakeholder analysis is likely to change over time as issues are resolved or new stakeholders are identified.

Create a business plan

Even if you do not have all the problems described in this guide or need to create a complete business plan for your decision makers, you should always follow these steps. A business plan will help you throughout the project, helping you work more efficiently.

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