AFCO

Acquisition News – AFCO Inc & AvPorts

Acquisition News Dulles, VA. – May 24, 2018 – Aviation Facilities Company, Inc. (“AFCO”) and AFCO AvPorts Management LLC (“AvPorts”), both industry leaders in the development and management of airports and airport infrastructure, announced they have entered into a definitive agreement to be acquired by West Street Infrastructure Partners III (“WSIP III”), a family of…

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AFCO Acquires Air Cargo Facility at Mather Airport

AFCO Acquires Air Cargo Facility Dulles, VA., (February 21, 2017) – Aviation Facilities Company, Inc. (AFCO) completed the purchase of an air cargo facility at Mather Airport (MHR) in Sacramento, California from GE Capital Aviation Services. The MHR facility is situated on a 4.5-acre site with direct ramp access and includes 33,300 square feet of…

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AFCO Acquires Air Cargo Facility at Mather Airport

Dulles, VA., (February 21, 2017) – Aviation Facilities Company, Inc. (AFCO) completed the purchase of an air cargo facility at Mather Airport (MHR) in Sacramento, California from GE Capital Aviation Services. The MHR facility is situated on a 4.5-acre site with direct ramp access and includes 33,300 square feet of air cargo warehouse and office…

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City of Gary and AFCO/AvPorts release Vision Document

The Public Private Partnership (“PPP”) between the City of Gary and AFCO/AvPORTS created this visioning document as a strategy to guide investment and development at and around the Gary/Chicago International Airport. The initiatives outlined in the document seek to position the Airport as a driver of economic growth, create a business- friendly environment for firms…

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AFCO Master Development Agreement Approved

AFCO Master Development Agreement Approved January 27, 2013 – Aviation Facilities Company, Inc. (AFCO) is pleased to announce that the Gary/Chicago International Airport Authority today unanimously approved development and management agreements to dramatically improve the economic landscape of the airport, the City of Gary and Northwest Indiana. AFCO will Lead the Development Under the terms…

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AFCO Master Development Agreement Approved

January 27, 2013 – Aviation Facilities Company, Inc. (AFCO) is pleased to announce that the Gary/Chicago International Airport Authority today unanimously approved development and management agreements to dramatically improve the economic landscape of the airport, the City of Gary and Northwest Indiana. AFCO will Lead the Development Under the terms of the agreements, AFCO will…

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AFCO Announces Acquisition of AvPORTS Name and Seven Airport Management Contracts

AFCO Announces Acquisition AFCO completed the acquisition of the trade name and assets of AvPORTS, which includes seven U.S. airport management contracts, from Macquarie Aviation North America, effective January 1, 2009. The assets being acquired by AFCO include management contracts to manage the airports on behalf of local governments at Albany International Airport (ALB) in…

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AFCO Begins Construction of Parking Facilities at Indianapolis International Airport

AFCO Begins Construction August 2008, Indianapolis International Airport AFCO has begun construction of off-airport parking facilities on 25 acres near the southwest corner of Indianapolis International Airport. The new parking facilities will be located near the new airport terminal complex and entrance road, which are currently under construction and expected to be completed in early…

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AFCO Completes Construction of GSE Facility at Orlando International Airport

AFCO Completes Construction AFCO has completed construction of a 40,000 square-foot ground support equipment (GSE) maintenance facility at Orlando International Airport (MCO). AFCO teamed with the design/build firm The Haskell Group based in Jacksonville, Florida. The new facility is the only purpose-built, multi-tenant GSE maintenance facility at MCO. The 30-year ground lease between AFCO and…

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Construction Begins on New Commercial Airport in Branson, Missouri

AFCO – Construction Begins Branson Airport AFCO was the developer for the first privately funded and operated for-profit commercial airport in the United States in Branson, Missouri.  Branson Airport LLC, in which AFCO has a minority ownership and sits on the board of Branson Airport LLC, closed on the financing for the new airport on…

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