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Posted on: December 20, 2023

McKinney Air Center celebrates 10-year anniversary as a city asset, airport sees record operations

McKINNEY, Texas (Dec. 20, 2023) – The McKinney National Airport is proud to celebrate the 10-year anniversary of the purchase of its fixed-based operator (FBO), the McKinney Air Center. In 2013, the McKinney City Council authorized the purchase of the FBO assets at the Collin County Regional Airport, now known as the McKinney National Airport, with the vision of creating a focal point of economic growth in the region.

Over the years, both the McKinney National Airport and the McKinney Air Center have become a vital part of the city’s infrastructure, contributing to the growth of the local economy and creating job opportunities for the residents. Since taking ownership of the FBO, revenues have increased on average by approximately $1 million yearly, and revenues for 2023 are almost $10 million higher than 10 years ago.

Fiscal Year 2023 was marked by increased operations, hangar rentals, and significant infrastructure and development projects. The airport experienced a record-breaking 5 percent rise in take-offs and landings, with nearly 152,000 operations.

"This significant growth at the airport is great news for the residents of McKinney. The ad valorem tax revenue generated by the airport and FBO pays for local road improvements, emergency services, education, and more,” said Ken Carley, Director of McKinney National Airport. “Additional growth will allow us to continue to improve the city in ways that even those who don't fly will benefit."

The airport's contributions extended beyond the city, generating approximately $2.3 million in tax revenue for McKinney Independent School District, nearly $266,000 for the county, and almost $142,000 for Collin College.

Significant development underway

The success of McKinney National Airport in Fiscal Year 2023 showcases its pivotal role in the local economy and its commitment to enhancing the community. With ongoing infrastructure projects and a thriving FBO, the airport remains dedicated to providing exceptional services and fostering economic growth.

New terminal at McKinney Air Center

A new terminal opened at McKinney Air Center and boasts an impressive array of modern amenities, including state-of-the-art conference rooms, a luxurious pilot lounge, a movie room, and a comfortable passenger waiting areas. These facilities will continue to increase the airport’s value as an economic driver in the region.

Cirrus ground lease and facility construction

Cirrus Aircraft broke ground on a new 45,000-square-foot facility at McKinney National Airport, including an administrative building and two hangars. The $14.5 million capital improvements project will expand its operations at the airport, including flight training, factory service, and aircraft management.

Phase 1 completion of runway extension

A 500-foot extension to the southern portion of the runway and Taxiway B was completed in September. The extension improves safety and enhances operations for current tenants, and will attract more operators in the area. Phase 2 of the project begins in 2024 and will extend the runway to the north.

Texas Department of Public Safety relocation

The Texas Department of Public Safety relocated its North Texas operations to the McKinney National Airport. The state provided a $5 million grant for permanent hangar facilities to house the organization. The project is currently in the preliminary design phase.

CCHOA North hangar construction

Ten privately-funded hangars opened in January. The ownership of the hangars reverts to the city at the end of a 40-year ground lease. The revenues from the lease, net fuel sales, and services earned the city nearly $141,000 in FY 2023.

Airport Maintenance Building completed

Construction of a new $5.5 million 15,000-square-foot Airport Maintenance Building was completed in September.

Top service provider

The McKinney Air Center was rated among the top 10 percent service providers in the 2023 AIN FBO Survey: The Americas. The McKinney Air Center also has the highest-ranking line service in Texas. McKinney Air Center was rated by AIN readers who evaluated thousands of aircraft handling facilities based on five categories: line service, passenger amenities, pilot amenities, facilities, and customer service.

For more information about the McKinney National Airport and McKinney Air Center, please visit www.flytki.com.

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