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Cutter Aviation has embarked on a $1.75 million expansion and renovation project on its facility at New Mexico’s Albuquerque International Airport (ABQ). The $250,000 modernization of its FBO terminal includes the refurnishing of the lobby, conference room and pilots’ lounge areas. The FBO is home to approximately 50 airplanes, nearly half of them turbine-powered, and its 75,000 sq ft of hangar space has been filled to capacity for the past several years, according to company president Will Cutter. The remaining $1.5 million will be used to construct a new 20,000-sq-ft hangar on property already under the company’s leasehold, capable of storing aircraft up to the size of the latest ultra-long-range business jets. Cutter, which operates seven FBOs throughout the southwestern U.S., expects to break ground on the new structure early next year.