Yes, it is entirely possible for a private individual or a corporation to own an airport, and thousands of private-use airfields exist globally. In the United States, the FAA categorizes airports as either public-use or private-use. Owning a private airport means you have full control over who lands there, but you are still subject to strict federal and local regulations. You must file FAA Form 7480-1 to notify the government of your intent to establish a landing strip, and you must comply with airspace safety requirements, zoning laws, and environmental impact studies. Maintenance is the largest hurdle; you are responsible for runway paving, lighting, and clearing "obstruction-free zones" from trees or structures. While owning a major commercial hub like LAX is impossible for an individual (as these are government-owned), many wealthy aviation enthusiasts own small grass or paved strips on their personal estates. In 2026, the rise of electric vertical takeoff and landing (eVTOL) aircraft is making the concept of "micro-airports" or private "vertiports" even more popular for high-net-worth property owners.