News Release

American Corporate Airport Partners inks hangar deal with AirMed at San Antonio, approaching 100% campus occupancy

American Corporate Airport Partners (ACAP), a US airport development firm, recently reached an agreement with leading medical transport service provider AirMed International on a multi-year lease for a new 12,100 sq ft hangar at the developer's eight-acre, multi-tenant, seven-hangar complex at San Antonio International Airport (SAT) in Texas. ACAP currently only has one remaining 15,400 sq ft hangar for lease at the airport.

By committing to the new facility, immediately adjacent to its existing hangar, AirMed will nearly double its footprint at SAT to facilitate expanded flight operations. “The new hangar will accommodate crew quarters, aircraft staging and line maintenance capability to facilitate AirMed's service expansion and help ensure our place as a premier provider of air medical transportation in the US,” said Denise M. Treadwell, AirMed's president. The San Antonio location is one of three US bases for AirMed; the others are in Las Vegas, Nevada and Birmingham, Alabama.

“We, at American Corporate Airport Partners, appreciate the opportunity to work with AirMed, the City of San Antonio and airport director Jesus Saenz and staff to bring new development, jobs and economic activity to the region,” said ACAP's CEO Thomas Bosco.

ACAP's CDO Ronan Byrne added that ACAP is “especially gratified to provide the infrastructure AirMed needs to expand its vital services in the San Antonio area.”

Beyond managing the San Antonio campus, ACAP recently leased 10 acres at Fort Lauderdale Hollywood International Airport for development of a widebody-capable aircraft hangar and maintenance complex for Global Crossing Airlines.