Connecticut Airport Authority has a new partnership. It means a $30M project at Bradley Airport.

The Connecticut Airport Authority has a new partnership and it means some changes around Bradley International Airport, according to the agency.

The CAA said it has forged the new partnership with Sky Harbour Group Corp., on the NYSE American as SKYH, a company that “has a national footprint and expertise in the development of hangar campuses.”

CT airport looks to add another transatlantic route. Here’s why and what you need to know.

 

The partnership means there will be a “long-term lease on eight acres of land,” that are now unused on the Bradley International Airport property, according to CAA.

Further, Sky Harbour will invest $30M to build a multi-hangar campus and associated services, according to CAA.

“As we diversify our partner portfolio and bolster aviation activity at Bradley International Airport, we are pleased to have partnered with Sky Harbour Group to drive further growth at the airport,” said Kevin A. Dillon, executive director of the CAA, in an emailed statement.

“Their multi-million-dollar private investment will benefit our region for years to come, by creating jobs and making our airport even more attractive to the corporate and private aviation market.”

The CAA noted that Sky Harbour Group Corp. is an “aviation infrastructure company developing the first nationwide network of home basing campuses for business aircraft.

“The company develops, leases and manages general aviation hangars across the United States. Sky Harbour’s home-basing offering aims to provide private and corporate customers with the best physical infrastructure in business aviation, coupled with dedicated service tailored to based aircraft, offering the shortest time to wheels-up in business aviation,” according to CAA.

Want to get through the airport faster? The key is inside these four CT stores

“Bradley International Airport is one of the best-managed airports in the United States and serves the country’s top business aviation market,” said Tal Keinan, CEO of Sky Harbour, also in an emailed statement.

“Sky Harbour is honored to be joining the airport community and is committed to maximizing the long-term benefits of a Sky Harbour campus to Connecticut.”

Frontier Airlines announces new route from CT airport for as low as $49

Construction of the new hangar complex is expected to begin in 2025, according to CAA.

The CAA operates Bradley International Airport and the Connecticut’s five general aviation airports: Danielson, Groton-New London, Hartford-Brainard, Waterbury-Oxford, and Windham.