Atlantic Aviation has announced the completion of a new 30-year lease agreement with Pitkin County, continuing its role as the fixed-base operator (FBO) at Aspen/Pitkin County Airport (ASE).
The lease reflects Atlantic’s commitment to supporting local and regional priorities.
Atlantic will contribute more than US$100M to capital projects, including FBO redevelopment along with new development on the east and west sides of the airport.
Atlantic will continue to support local programs focused on delivering meaningful value locally across categories including decarbonization, affordable housing, sustainability and conservation, aviation education, and noise mitigation.
“Atlantic Aviation is deeply honored to extend its partnership with Pitkin County through this historic lease agreement,” said Clive Lowe, executive VP at Atlantic Aviation.
“We look forward to working closely with the Aspen community to deliver a safe, community-beneficial, and environmentally state-of-the-art operation and to providing exceptional service and support to the aviation community and their passengers for many years to come.”
The redevelopment projects will include facilities designed to achieve Net-Zero, LEED Zero, and Platinum Zero Waste certifications, while pursuing Aspen’s Water Integrated Resource Plan’s Net Positive Water objectives.
Additionally, Atlantic will support key local programs focused on affordable housing, aviation education, conservation, and noise mitigation.
The agreement also incorporates significant improvements for local pilots and aircraft operators, including a 1,500 square foot pilot planning and support building and tie-down infrastructure.
Jon Peacock, Pitkin County manager said, “This has been a productive and thorough process between Atlantic Aviation and Pitkin County staff who have worked to ensure that the values of our community are reflected in every aspect of this lease. Their commitment to transparency, sustainability, and collaboration has been instrumental in achieving this milestone.”
