Since You Asked: Ownership of jets is top secret
Who owns the two Boeing 737 jets that are to be housed in the new hangar at the Medford airport?
— Louise, Ashland
Well, Louise, we could tell you who owns the jets, but then we’d have to kill you.
Just kidding about that.
The company Million Air Medford, which is building a massive $5 million hangar at the Rogue Valley International-Medford airport, won’t disclose the owners of the private jets that will be sheltered there.
“One of the basic things in our business is our clients demand privacy,” said Million Air Medford President Joe Keith. “Our joke around here is, ‘We could tell you, but then we’d have to kill you.’ ”
Some of the jets using the hangar will be with NetJets and Flexjet, Keith said.
Those companies sell partial ownership shares in private jets, with the identity of the partial owners protected.
Keith said it’s hard to know the identities of people who have their own private jets because their names are usually screened behind a limited liability company or other business structure.
He said the hangar will not just house two Boeing 737s, although it will be big enough to hold two 737s side-by-side.
“The hangar will be full of big jets,” he said.
Keith estimated construction could wrap up in August.
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