Whether you're just looking to house your airplane for the night, or you want to find something more permanent, there are a few things that you need to be aware of when you rent aircraft hangar space. With a little bit of research, you can rest assured that your plane and your pocketbook will stay safe and secure.
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Find out the terms of the rental. Most hangars offer both temporary and long-term storage, and the contracts are very different. The main thing to look for is an assurance that you'll have the same rental price a month down the road as you do today. Some businesses increase the price periodically if it isn't specified in the contract.
Look for hidden fees or perks. When you rent space in an aircraft hangar, some companies include a discounted rate on fuel, free taxiing on the runway and other perks just for being a customer. Other companies may charge you for such luxuries, so find out ahead of time what's included in your rental fees, and what's considered extra.
Know your rights when it comes to maintenance. Insurance issues can be complex, but it's definitely a subject that you need to be educated on when you own a plane. Ask if you can perform routine maintenance on your aircraft without prior approval, or if you have to have one of their certified aircraft mechanics do the work for you.