Business Aviation
SkyShare to Operate FBO at South Valley Regional Airport Utah
SkyShare will manage the FBO at South Valley Regional Airport, expanding hangars and upgrading facilities with a 2026 opening.

This article is based on an official press release from SkyShare.
SkyShare, a private aviation company offering fractional ownership, charter, and aircraft management, has been selected to operate the full-service fixed-base operator (FBO) at South Valley Regional Airports (SVR) in West Jordan, Utah. The agreement with the Salt Lake City Department of Airports also tasks SkyShare with leading real estate development at the airfield.
Located in the heart of the Salt Lake Valley, South Valley Regional Airport serves as a general aviation reliever facility. The airport offers a more efficient and cost-effective alternative to larger commercial hubs like Salt Lake City International Airport, while maintaining close proximity to downtown Salt Lake City.
In a company statement, SkyShare emphasized that the move is aimed at enhancing the aviation ecosystem for local operators. “This is about improving the experience for pilots, tenants, and everyone who chooses to fly differently,” the company stated.
Addressing the Hangar Shortage and FBO Upgrades
The new agreement grants SkyShare oversight of hangar and office leasing across approximately 650,000 square feet of airport property. This footprint includes existing T-hangars, community hangar space, and office facilities.
According to industry reports and company statements, the Salt Lake City area has experienced a significant shortage of hangar space, with some aircraft owners waiting more than four years for availability. To combat this bottleneck, SkyShare plans to begin construction this year on 50 new T-hangars and a large community box hangar.
The FBO itself will undergo a comprehensive remodel. Once completed, the upgraded facility will offer executive services including Jet A and AvGas fueling, ground power, lavatory services, overnight hangar options, maintenance support, and concierge services for both passengers and flight crews. Rebranding and renovations are expected to begin shortly, with a grand opening targeted for the fall of 2026.
A Homecoming for SkyShare’s Leadership
For SkyShare Founder and CEO Cory Bengtzen, the new operational role at South Valley Regional Airport carries personal significance. The airport, which features a 5,862-foot runway capable of accommodating super-midsize jets, is where Bengtzen’s aviation journey began.
“South Valley Regional isn’t just another airport to me. It’s where I learned to fly and earned my Private-Jets certificate more than 20 years ago. It’s where I kept my first airplane. Being part of its future is incredibly meaningful. This truly feels like coming home.”
Bengtzen shared these remarks in an expanded official press release regarding the acquisition.
The expansion into FBO operations at SVR aligns with SkyShare’s broader strategy to provide fully integrated aviation solutions. Founded in 2009, the Utah-based company has steadily grown its portfolio to include fractional ownership, brokerage, and aircraft management.
AirPro News analysis
We note that SkyShare’s takeover of the South Valley Regional Airport FBO highlights a growing trend of private aviation companies vertically integrating their services. By controlling the FBO and expanding hangar capacity, SkyShare can directly alleviate infrastructure bottlenecks that often frustrate aircraft owners and charter operators. Furthermore, investing in a reliever airport like SVR strategically positions the company to capture overflow traffic from the increasingly busy Salt Lake City International Airport, providing a streamlined alternative for business and private flyers in the region.
Frequently Asked Questions
Where is South Valley Regional Airport located?
South Valley Regional Airport (SVR) is located in West Jordan, Utah, approximately 10 miles south of Salt Lake City International Airport.
What services will SkyShare provide at the new FBO?
SkyShare will offer full executive FBO services, including Jet A and AvGas fueling, ground power, lavatory services, overnight hangar options, maintenance support, and concierge services.
When will the new SkyShare FBO open?
Renovations and rebranding are expected to begin shortly, with a grand opening planned for the fall of 2026.
Sources: SkyShare
Photo Credit: SkyShare
Business Aviation
Textron Aviation Q3 2026 Results: Citation Deliveries Rise 21%
Textron Aviation revenue reached $1.7B in Q3 2026 as Cessna Citation deliveries rose 21%, prompting a full-year EPS guidance increase.

Textron Inc. reported a 21 percent year-over-year increase in Cessna Citation business jet deliveries for the third quarter of 2026, driving Textron Aviation revenues to $1.7 billion and prompting the manufacturer to raise its full-year earnings guidance.
In a press release issued on October 29, 2026, the Providence, Rhode Island-based company detailed strong continued demand in the business aviation sector. This jet demand offset a slight softening in commercial turboprop deliveries and lower military helicopter revenues at its Bell division.
Business jet demand drives aviation growth
Textron Aviation, headquartered in Wichita, Kansas, recorded $1.7 billion in third-quarter revenue, representing a $201 million or 14 percent increase over the same period in 2025. The segment delivered 51 Cessna Citation jets during the quarter, up from 42 in the third quarter of 2025. Commercial turboprop deliveries fell to 32 units, down from 39 units the previous year.
Despite the drop in turboprop volume, Textron Aviation segment profit rose by $7 million to $179 million, a 4 percent year-over-year increase. The company attributed part of this financial growth to its aftermarket parts and services division, which saw revenues increase by $49 million in the third quarter of 2026 due to higher volume and pricing. The aviation segment ended the quarter with an $8.0 billion backlog.
Bell revenues dip amid military volume shifts
The company’s rotorcraft division, Bell, reported third-quarter 2026 revenue of $933 million, a 9 percent or $93 million decline year-over-year. Bell delivered 29 commercial Helicopters in the quarter, down slightly from 30 in the third quarter of 2025. Textron attributed the revenue decline primarily to lower military volume on the MV-75 Cheyenne program.
Recent legislative actions are expected to support future defense revenue for the division. In October 2026, the United States Army received Congressional approval for a funding request related to the MV-75 Cheyenne program. This approval led to associated contract modifications that obligate funding for Bell. The division maintained a backlog of $7.6 billion at the end of the third quarter.
Textron Systems reported third-quarter 2026 revenue of $360 million, representing a 16 percent or $50 million increase over the same period in 2025.
Textron’s broader market footprint
Textron Inc. operates a global network of aircraft, defense, industrial, and finance businesses. Its aviation segment manufactures the Cessna and Beechcraft brands, which together account for more than half of all general aviation aircraft worldwide.
Across all divisions, total Textron Inc. revenue for the third quarter of 2026 reached $3.8 billion, a 4 percent or $149 million increase year-over-year. The company reported an adjusted Earnings Per Share (EPS) of $1.76, up from $1.55 in the third quarter of 2025. Based on these results, Textron Inc. raised its full-year 2026 adjusted EPS guidance to a range of $6.55 to $6.65.
AirPro News analysis
The divergence between Textron’s jet and turboprop deliveries highlights a bifurcated market in late 2026. While corporate flight departments and high-net-worth individuals continue to absorb Cessna Citation production slots, the commercial turboprop sector appears to be cooling. We view the $8.0 billion aviation backlog as a strong buffer against near-term economic volatility. The newly approved MV-75 Cheyenne funding will likely be critical to stabilizing Bell’s defense revenues in upcoming quarters as the company navigates shifting military procurement cycles.
Photo Credit: Textron Aviation
Business Aviation
Signature Aviation Launches Signature Access FBO Pricing
Signature Aviation replaces fragmented FBO fees with a single parking charge across its continental US network via Signature Access.

Signature Aviation has overhauled its billing structure across the continental United States with the introduction of Signature Access, a consolidated pricing model that replaces fragmented handling and infrastructure fees with a single parking charge. Announced on October 27, 2026, the program allows Private jets operators to calculate exact costs prior to arrival based on aircraft dimensions and length of stay.
The move directly addresses a long-standing industry demand for Fixed Base Operator (FBO) fee transparency. In a press release detailing the rollout, Signature Aviation confirmed the new structure is now active across the vast majority of its US network, supported by an online cost estimator tool designed to eliminate billing surprises for flight departments and private owners.
Simplifying the FBO billing structure
Historically, FBO invoices have included a complex array of separate non-fuel charges, including handling fees, infrastructure fees, and parking fees. The Signature Access program retires these fragmented charges. Instead, operators will see a single charge calculated using a location-specific price per square foot, multiplied by the aircraft’s manufacturer-specified length and width, and the duration of the stay.
To incentivize fuel uplifts, the program integrates fuel purchases into the pricing model. Eligible fuel purchases automatically trigger a first-hour parking waiver. If an operator meets aircraft-specific minimum fuel volumes, the parking charge is further reduced, appearing on the final invoice as a “Fuel Discount.”
Optional ground services, such as hangar accommodations, ground power units (GPU), and lavatory servicing, remain outside the consolidated parking fee and will continue to be billed separately.
“We are grateful to the guests and operators whose perspectives helped shape Signature Access. Their feedback was instrumental in creating a clearer, more predictable pricing approach that gives guests greater visibility, flexibility and control.”
The statement from Derek DeCross, Chief Commercial Officer for Signature Aviation, noted that the program reflects a broader commitment to investing in the guest experience.
Market context and recent network developments
FBO fee transparency has been a significant topic of debate within the business aviation sector. Flight departments and charter operators have frequently advocated for clearer pricing structures before committing to an arrival terminal. By consolidating fees and providing an online estimator, Signature Aviation is positioning itself to capture operators who prioritize predictable trip costing.
Signature Aviation operates the world’s largest network of private aviation terminals, providing ground handling and support services at more than 200 locations across 27 countries on five continents. The pricing overhaul follows a series of recent strategic announcements from the company.
On October 20, 2026, the FBO operator announced enhancements to its TAILWINS loyalty program for pilots, expanding options for earning and redeeming points. The following day, on October 21, 2026, the company launched the Signature UrbanV Alliance (SUVA), a joint venture aimed at developing Advanced Air Mobility (AAM) infrastructure across the North America.
AirPro News analysis
The rollout of Signature Access marks a structural shift in how the largest player in the FBO market handles its revenue model. By tying the primary non-fuel cost strictly to the aircraft’s physical footprint and time on ramp, Signature is standardizing a process that has historically been opaque and highly variable between different locations and service providers. The integration of fuel discounts directly against the parking fee also creates a clear financial incentive for operators to uplift fuel rather than tankering, potentially driving higher fuel volumes across the Signature network while satisfying operator demands for billing clarity.
Photo Credit: Signature Aviation
Business Aviation
HALO-Flight Orders Bell 407GXi to Expand IFR Fleet to Seven
South Texas nonprofit HALO-Flight ordered an additional Bell 407GXi at AMTC 2026, growing its IFR-capable fleet to seven aircraft.

South Texas air medical provider HALO-Flight has placed a purchase order for an additional Bell 407GXi Helicopters, expanding its instrument flight rules (IFR) capable fleet to seven aircraft. The agreement was announced on October 27, 2026, at the Air Medical Transport Conference (AMTC) in Fort Worth, Texas.
The acquisition supports the nonprofit organization’s emergency scene response and interfacility transport missions across a 24,000-square-mile service area. In a press release issued by Bell Textron Inc., the manufacturer noted the aircraft will soon join HALO-Flight’s operations as the operator enters its 40th year of service.
Fleet expansion and operational capabilities
“HALO-Flight’s work across North America calls for reliable, high-performing aircraft,” said Lane Evans, Managing Director, North America for Bell. “The Bell 407GXi provides the power and safety that air medical crews count on every day.”
Travis Patterson, CEO of HALO-Flight, highlighted the decades-long relationship with the manufacturer as the operator scales to meet regional needs.
The Bell 407GXi is powered by a Rolls-Royce 250-C47E/4 dual-channel FADEC turbine engine. It delivers a maximum cruise speed of 133 knots and a range of 337 nautical miles. Designed for Helicopter Emergency Medical Services (HEMS), the aircraft is equipped with the Garmin G1000H NXi integrated flight deck. This system enables IFR operations, providing advanced navigation and enhanced situational awareness in varied weather conditions.
Modernization of South Texas air medical infrastructure
Established in 1987, HALO-Flight serves 23 counties and over one million residents from bases in Corpus Christi, Alice, and Beeville, Texas. The operator provides life-saving transport regardless of a patient’s ability to pay.
The organization has steadily modernized its infrastructure and fleet over the past two years. In October 2025, Bell delivered what was then described as the fifth and final Bell 407GXi of an initial fleet renewal program. The latest order brings the total to seven, indicating continued growth beyond the original renewal scope.
In March 2026, HALO-Flight became the first HEMS operator in the United States to achieve full fleet-wide Health and Usage Monitoring System (HUMS) coverage. The operator outfitted its operational Bell 407GXi helicopters with the GPMS International Foresight MX system to enhance maintenance predictability and safety.
The organization also broke ground on a new headquarters and dispatch center in Corpus Christi in June 2026. The facility is expected to be completed by late 2026 and is designed to modernize aircraft tracking and control across the provider’s extensive service area.
Photo Credit: Bell Textron Inc.
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