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Citadel Completions

Lake Charles/Southwest Region

The Mission 

Citadel Completions LLC is dedicated to superior aircraft interior completions, modifications of all types, and maintenance, repair and overhaul (MRO) activities.

The Challenge

The company, established in 2017, sought to open its first aircraft center dedicated to interior jet modifications, maintenance and completion at Chennault International Airport in Lake Charles.

The Opportunity

Louisiana offered the company a competitive incentive package that included:

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Performance-based grant of $7 million to defray the cost of facility modifications, payable in seven consecutive yearly installments.

Performance-based grant of $2 million for lease support.

Qualified 80-percent property tax abatement for up to 10 years through the state’s Industrial Tax Exemption Program, contingent on meeting job creation and payroll commitments.

Up to a 6 percent rebate on annual payroll expenses for up to 10 years, and a 1.5 percent project facility expense rebate for qualifying expenses, through the state’s Quality Jobs program.

Performance-based grant of $7 million to defray the cost of facility modifications, payable in seven consecutive yearly installments.

Performance-based grant of $2 million for lease support.

Qualified 80-percent property tax abatement for up to 10 years through the state’s Industrial Tax Exemption Program, contingent on meeting job creation and payroll commitments.

Up to a 6 percent rebate on annual payroll expenses for up to 10 years, and a 1.5 percent project facility expense rebate for qualifying expenses, through the state’s Quality Jobs program.

The Outcome

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2018

Citadel Completions announced plans for an aircraft center dedicated to interior jet modifications and maintenance at Chennault International Airport in Lake Charles.

$17.6 million

capital investment

256

direct new jobs

347

indirect new jobs

$80,000

average annual salary

2018

Citadel Completions announced plans for an aircraft center dedicated to interior jet modifications and maintenance at Chennault International Airport in Lake Charles.

$17.6 million

capital investment

256

direct new jobs

347

indirect new jobs

$80,000

average annual salary

“The infrastructure at Chennault is modern and well-suited for aircraft interior completion and MRO operations. The airport and local community have been extremely welcoming.” 

-Citadel Completions Managing Director Joe Bonita

Noteworthy