Business Aviation
Modern Aviation Starts Hangar Expansion at Fort Worth Meacham Airport
Modern Aviation begins construction on a large hangar and office complex at Fort Worth Meacham Airport, expanding capacity for business jets by early 2027.

On June 3, 2026, Modern Aviation officially broke ground on a major hangar and office complex at Fort Worth Meacham International Airport (KFTW). According to a company press release, the multi-million dollar development is specifically designed to accommodate the largest modern business jets, adding significant capacity to the rapidly growing Dallas-Fort Worth corporate aviation market.
The project will introduce over 87,000 square feet of indoor space and 186,500 square feet of new ramp space to the airport. City of Fort Worth officials and developers anticipate the expansion will generate notable economic benefits, including job creation during construction and ongoing operational staffing, as well as increased tax revenue from new businesses and transient aircraft drawn to the modernized facility.
Targeted for completion in the first quarter of 2027, this groundbreaking underscores Modern Aviation’s continued investment in the Texas region following its strategic entry into the Fort Worth market two years ago.
Expanding Capacity for Large Business Jets
Facility Specifications and Timeline
Located on Parcel 14C at Meacham International Airport, the new complex features a high-efficiency design focused on safety and operational excellence. According to the project details released by Modern Aviation, the total footprint will encompass approximately 87,150 square feet of combined hangar and office space.
The core of the development consists of two state-of-the-art hangars, each measuring 39,200 square feet, for a total of 78,400 square feet of aircraft storage. To service the latest generation of ultra-long-range business aircraft, the facilities are equipped with 28-foot hangar doors. Each hangar is also paired with a 4,375-square-foot attached office, providing a total of 8,750 square feet of administrative and customer space.
In addition to the indoor facilities, the project includes 186,500 square feet of new ramp space, significantly expanding the Fixed Base Operator’s (FBO) ability to manage high volumes of ramp traffic safely.
Strategic Growth in the Dallas-Fort Worth Metroplex
Building on the American Aero Acquisition
Modern Aviation is a growing national FBO network that currently operates 19 locations across the United States and Puerto Rico. The company established its presence in Fort Worth in May 2024 through the acquisition of American Aero FTW, an FBO renowned for its high rankings in industry customer service surveys. The company notes that all of its locations, including the Fort Worth facility, are IS-BAH registered, adhering to globally recognized safety standards for business aviation.
Company leadership emphasized that the new construction is a direct response to increasing regional demand.
“We are proud to break ground on this new hangar complex in Fort Worth, which reflects our ongoing commitment to investing in the communities and airports we serve. This project strengthens our ability to meet growing demand at Meacham International Airport and further enhances the exceptional service and facilities our customers expect from Modern Aviation.”
, Mark Carmen, President and CEO of Modern Aviation (via company press release)
Broader Modernization at Meacham International
AirPro News analysis
We view Modern Aviation’s latest investment as a critical piece of a much larger infrastructure boom currently transforming Meacham International Airport. Operating independently of commercial airline traffic, Meacham serves as a premier general aviation hub just five miles north of downtown Fort Worth. According to regional aviation data, airport operations at KFTW have increased by approximately 7% annually since 2020.
To support this sustained growth, the airport is undergoing massive modernization. Concurrent with Modern Aviation’s hangar project, the Federal Aviation Administration (FAA) has funded a $13 million grant for a new 119-foot air traffic control tower, which will replace the aging 54-foot tower by late 2027. Furthermore, extensive reconstructions of Apron Bravo, Taxiway Golf, and the airport’s frontage roads are actively underway.
We also note that Modern Aviation is leveraging luxury amenities to differentiate its Fort Worth location in a highly competitive market. In April 2026, the company launched a national initiative in partnership with American Art Collector and Media Jet to integrate museum-quality, purchasable fine art into its terminals. The Fort Worth terminal was selected as one of only four premier pilot markets nationwide to debut this gallery experience, signaling a clear strategy to attract high-net-worth clientele alongside the physical infrastructure expansion.
Frequently Asked Questions (FAQ)
When will the new Modern Aviation hangars at Meacham Airport be completed?
Construction officially began on June 3, 2026, and the project is targeted for completion in the first quarter of 2027.
How large is the new facility?
The complex includes 87,150 square feet of combined hangar and office space, plus 186,500 square feet of new ramp space.
Can the new hangars accommodate ultra-long-range business jets?
Yes. The hangars are equipped with 28-foot doors specifically designed to shelter and service the largest business jets currently available on the market.
Sources:
Photo Credit: Modern Aviation
Business Aviation
Bombardier Global 8000 Sets Transatlantic Speed Record
Bombardier’s Global 8000 flew Montreal to Nice in just over 6 hours at Mach 0.95, pending FAI verification.

Bombardier‘s newly certified Global 8000 business jet has established its first transatlantic speed benchmark by completing a flight from Montreal to Nice, France, in just over six hours. The June 5, 2026, announcement marks the first operational record for the ultra-long-range aircraft since it entered service late last year.
In a press release issued by the manufacturer, Bombardier confirmed the aircraft reached a top speed of Mach 0.95 during the crossing. The flight transported passengers, including Bombardier President and Chief Executive Officer Éric Martel, to the Monaco Formula 1 Grand Prix. This served as a real-world demonstration of the jet’s high-speed transit capabilities.
Transatlantic performance and pending verification
The Montreal-to-Nice route speeds and distances were recorded in accordance with World Air Sports Federation (FAI) guidelines. The official record remains provisional pending formal review and verification by the FAI.
Stephen McCullough, Executive Vice President of Engineering, Product Development and Bombardier Defense, highlighted the aircraft’s operational debut.
“Bombardier’s Global 8000 business jet is truly in a class by itself when it comes to speed, luxury and performance – setting the pace in the ultra-long-range class,” McCullough stated.
McCullough added that the accomplishment illustrates the aircraft’s industry-leading attributes, outstanding performance, and landing capabilities.
Certification timeline and fleet transition
The speed record follows a rapid certification and entry-into-service timeline for the Global 8000 program. According to reporting by Aviation International News, the aircraft secured approval from Transport Canada (TC) in November 2025. Federal Aviation Administration (FAA) certification and official entry into service followed in December 2025, with European Union Aviation Safety Agency (EASA) validation completed in January 2026.
By early 2026, the Global 8000 fully replaced the Mach 0.925 Global 7500 on Bombardier’s production line. The new flagship offers a maximum range of 8,000 nautical miles, an increase of 200 nautical miles over its predecessor. The Global 7500 previously set more than 150 speed records during its own operational history.
Bombardier states the Global 8000 can access up to 30 percent more airports than its closest competitor. The aircraft also maintains a cabin altitude of 2,691 feet while cruising at 41,000 feet.
AirPro News analysis
We view this initial speed record as a calculated marketing maneuver by Bombardier to solidify the Global 8000’s position at the top of the ultra-long-range business jet segment. By utilizing a high-profile event like the Monaco Grand Prix for the aircraft’s first major operational demonstration, the manufacturer is directly targeting the ultra-high-net-worth demographic. The seamless transition from the Global 7500 to the Global 8000 production line earlier in 2026 indicates strong industrial execution, allowing Bombardier to maintain its competitive edge in maximum speed and range without significant delivery disruptions.
Sources: Bombardier
Photo Credit: Bombardier
Business Aviation
V2 Jets Acquires Corporate Aviation to Expand Northeast US Market
V2 Jets acquires Corporate Aviation, adding six advisors and expanding its presence in the Northeast US private aviation market.

This article is based on an official press release from V2 Jets via PR Newswire.
V2 Jets Acquires Corporate Aviation to Expand Northeast Footprint
On June 1, 2026, Boca Raton-based private aviation charter company V2 Jets officially announced its acquisitions of Corporate Aviation, a charter brokerage headquartered in Massachusetts. According to the company’s press release, the strategic acquisition is designed to significantly expand V2 Jets’ presence in the highly lucrative Northeast United States market.
The deal brings an established Northeast client base into the V2 Jets portfolio and adds six tenured aviation advisors to its roster. This move highlights a growing industry trend toward flexible, non-membership travel solutions, as brokerages scale their operations to meet shifting consumer demands. Financial terms of the acquisition were not publicly disclosed in the initial announcement.
V2 Jets, which has been operating for approximately 10 years with primary offices in Florida and New York City, is known for its high-touch, advisor-driven service model. By absorbing Corporate Aviation, a firm recognized for its long-standing client relationships and deep industry expertise, V2 Jets aims to scale its personalized approach to private travel without compromising service quality.
Scaling Operations in the Northeast Corridor
Integrating Tenured Advisors
The Northeast corridor remains one of the most critical hubs for private and corporate aviation. According to the official announcement, acquiring Corporate Aviation allows V2 Jets to immediately boost its footprint in this vital region. A key component of the acquisition is the retention of human capital; V2 Jets is bringing on six experienced aviation advisors from the Massachusetts-based firm.
Company leadership emphasized that maintaining an individualized, high-touch service model requires experienced personnel who understand the nuances of private charter logistics. In the press release, V2 Jets Co-Founder Steven Rosenzweig highlighted the importance of this foundation:
“Corporate Aviation has built meaningful relationships and earned a respected reputation in this industry. Bringing their team into the V2 Jets family gives us the opportunity to build on that foundation, expand our advisory bench, and continue delivering the experience our clients expect as we grow.”
Capitalizing on Non-Membership Travel Trends
Flexible Alternatives to Jet Cards
The acquisition aligns with V2 Jets’ core business model, which differentiates itself by providing tailored flight solutions without requiring upfront commitments or traditional membership fees. The company currently offers on-demand charter services, a funds-on-account program known as the V2 Vault, and the Obsidian Membership, a flexible alternative designed for frequent flyers who wish to avoid rigid jet card programs.
Industry data provided in the announcement’s background notes that post-pandemic private flyers have expressed increasing fatigue with the strict rules, blackout dates, and high upfront costs associated with traditional jet cards. This shift in consumer preference has driven growth for on-demand and advisor-led brokerages. Guy Endzweig, Co-Founder of V2 Jets, noted in the release that the acquisition directly supports this relationship-first approach:
“Private aviation has always been about more than arranging flights. It takes experience, planning, and trusted relationships built over time. This acquisition deepens our ability to deliver exactly that – on a greater scale.”
AirPro News analysis
At AirPro News, we view this acquisition as a clear indicator of ongoing market consolidation within the private aviation brokerage sector. As the post-pandemic travel boom stabilizes, mid-sized brokerages are increasingly looking to mergers and acquisitions to consolidate client bases and acquire top-tier talent. The addition of six tenured advisors is particularly notable, as human capital remains a primary bottleneck for scaling bespoke, high-touch concierge services.
Furthermore, V2 Jets has publicly signaled that its growth trajectory will not stop in the Northeast. The company plans to continue expanding its team and is targeting broader global markets in the near future. We anticipate that the success of this integration will serve as a blueprint for V2 Jets as it evaluates further international acquisitions, particularly in regions where demand for non-membership, advisor-driven charter services is outpacing traditional fractional ownership and jet card models.
Frequently Asked Questions
When was the acquisition announced?
V2 Jets officially announced the acquisition of Corporate Aviation via PR Newswire on June 1, 2026.
How many employees are joining V2 Jets?
According to the press release, the deal includes the addition of six tenured aviation advisors from Corporate Aviation to the V2 Jets team.
Were the financial details of the deal made public?
No, the financial terms of the acquisition were not disclosed in the official announcement.
Sources: V2 Jets via PR Newswire
Photo Credit: V2 Jets
Business Aviation
Bain Capital Launches JB Aircraft Finance for Mid-Life Corporate Jets
Bain Capital, with aviation experts, launches JB Aircraft Finance to offer flexible financing solutions for mid-life corporate aircraft.

On June 2, 2026, Bain Capital announced the launch of JB Aircraft Finance, LLC, a new corporate jet financing and leasing platform. According to the official press release, the venture was established in partnership with aviation industry veteran Thomas Garbaccio and Miami-based Brickell Asset Management, LLC.
The newly formed entity aims to address a specific gap in the corporate aviation market by offering flexible, asset-backed financing solutions tailored to mid-life corporate Commercial-Aircraft. This segment has historically lagged behind the commercial aviation sector in terms of leasing flexibility and financial product availability.
By combining Bain Capital’s extensive capital resources with Brickell Asset Management’s operational infrastructure, JB Aircraft Finance intends to serve aircraft owners, operators, original equipment OEMs, and brokers. The platform will offer a comprehensive suite of financial products, including operating leases, financial leases, and bespoke financing transactions.
Bridging the Gap in Corporate Aviation Finance
The Mid-Life Aircraft Opportunity
Historically, the commercial aviation sector has heavily relied on leasing and asset-backed financing, with over 50% of commercial fleets often operating on lease agreements. However, as noted in the provided company statements, the corporate and business aviation sectors have not enjoyed the same level of financial flexibility.
Mid-life corporate aircraft represent a particularly underdeveloped segment. Charter operators and private owners frequently find their capital tied up in aging fleets. JB Aircraft Finance aims to capitalize on this by offering sale-and-leaseback options, allowing operators to free up cash and improve liquidity without diluting shareholder equity.
“JB Aircraft Finance, LLC is addressing a clear gap in the corporate aircraft market by providing flexible, asset-backed financing solutions for mid-life aircraft, an area that has been underdeveloped compared to commercial aircraft leasing. We look forward to supporting a differentiated platform capable of moving with the speed and certainty that our counterparties require.”
, Matt Evans, Partner at Bain Capital Special Situations
Strategic Partnerships and Leadership
A Proven Executive Team
The platform is spearheaded by CEO Thomas Garbaccio, a veteran aviation industry executive with a track record of successful ventures. According to industry background data, Garbaccio previously founded and served as CEO of Jet Bank, a Fort Lauderdale-based corporate aircraft leasing firm that launched in mid-2023 with a $250 million initial equity raise. He also launched FTAI Aviation, a commercial aircraft engine leasing company that achieved a $2.9 billion market capitalization on the NASDAQ.
Brickell Asset Management, founded in 2006 and based in Miami, Florida, brings specialized experience in acquiring, leasing, and selling commercial aircraft and engines. According to the press release, Brickell will provide the robust operational infrastructure required to scale the new portfolio with discipline, complementing Bain Capital’s more than 20 years of aviation investment experience.
“By tailoring our financing solutions specifically to mid-life aircraft, JB Aircraft Finance, LLC is addressing an underserved segment of the market. Our immediate goal is to steadily grow our aircraft base and continue to build a highly diversified, industry-leading portfolio.”
, Thomas Garbaccio, CEO of JB Aircraft Finance, LLC
AirPro News analysis
We view the launch of JB Aircraft Finance as a significant indicator that business aviation is maturing to meet the sophisticated financial standards long established in commercial aviation. In a high-interest-rate environment, charter operators and private owners face increasing pressure to optimize their balance sheets.
The synergy between a major private equity firm like Bain Capital and proven operational partners suggests a strong foundation for this venture. By unlocking equity through sale-and-leaseback agreements, operators will likely have greater capacity to upgrade fleets or expand operations, potentially stimulating further transaction activity in the mid-life corporate jet market.
Frequently Asked Questions
What services does JB Aircraft Finance, LLC provide?
The company provides a comprehensive suite of financing solutions specifically for mid-life corporate aircraft, including operating leases, financial leases, and customized financing transactions.
Who are the key partners in this venture?
The platform is a strategic Partnerships between Bain Capital Special Situations, aviation executive Thomas Garbaccio (who serves as CEO), and Miami-based Brickell Asset Management, LLC.
Sources
Photo Credit: Bain Capital
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