Hangar Developers Buy California FBO

CloudNine—the company currently building a 100,000-sq-ft private hangar complex at Los Angeles-area Camarillo Airport (KCMA)—has acquired Channel Islands Aviation (CIA), one of the four service providers on the field. The CloudNine facility, when completed in the second quarter of 2023, will consist of four 25,000-sq-ft hangars, each with its own office space.

The CIA FBO opened in 1976 and had been operated since then by the same married couple; its new owners plan on leaving the facility’s name intact.

“It’s got a great legacy and reputation throughout SoCal,” said Ron Rasak, CEO of both CloudNine and parent company southern California-based commercial real estate developer RKR. “It is well known and is one of the longest-running affiliates of Cessna Aircraft Company in the country.”

Capable of sheltering aircraft up to a Dassault Falcon 8X in its existing 62,000 sq ft of hangar space, the FBO also includes an 8,500-sq-ft terminal with pilot lounge, conference room, flight planning room, gourmet coffee bar, and a multi-rating flight school. Its FAA Part 145 repair station is a factory-authorized service center for Cessna and Cirrus aircraft.

Going forward, CloudNine v-p of operations Nick Martino wishes to modernize the business. “We also want to work with our Cessna and Cirrus services partners to draw aircraft owners from other airfields like Van Nuys, Oxnard, Santa Barbara, and Santa Ana,” he said.