News & Updates

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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Grand Opening Held for New Parking Facilities at Indianapolis International Airport

AFCO Grand Opening News December 2008, Indianapolis International Airport AFCO has completed the construction of off-airport parking facilities on 25 acres near the southwest corner of Indianapolis International Airport. The new parking facilities are located near the new airport terminal complex and entrance road. Six Points Road Developers LLC (SPRD), a joint venture between AFCO…

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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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AFCO Begins Construction of GSE Facility at Orlando International Airport

AFCO Begins Construction AFCO commenced construction of a ground support equipment (GSE) maintenance facility at Orlando International Airport (OIA) in December 2006. AFCO teamed with the design/build firm The Haskell Group based in Jacksonville, Florida. The new facility will be the only purpose-built, multi-tenant GSE maintenance facility at OIA. The 30-year ground lease between AFCO…

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AFCO/Quantem FBO Services Acquires Metro Flight Services FBO at Detroit Metropolitan Airport

AFCO and Quantem News AFCO and Quantem FBO Services, LLC, through a joint venture, recently acquired the Metro Flight Services (Metro Flight) fixed base operation (FBO) that offers fueling, ground handling, passenger services, maintenance and various other services at the Detroit Metropolitan Airport (DTW) in Detroit, Michigan. The deal represents the second FBO acquired by…

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AFCO Acquires Land Near New Terminal at Indianapolis International Airport

AFCO Acquires Land AFCO has completed the acquisition of 47.1 acres near the new airport entrance at Indianapolis International Airport. The new terminal is expected to open at the end of 2008. The $5 million acquisition was completed by a joint venture between AFCO and Airport Parking Management (APM), who previously teamed with AFCO for…

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AFCO Acquires American Flight Services FBO, Reading, Pennsylvania

AFCO Acquires American Flight Services AFCO acquired the American Flight Services (AFS) fixed base operation at the Reading Regional Airport in Reading, Pennsylvania from Mr. James Dastra and his partners, for an undisclosed sum on October 12, 2006. The deal represents the second FBO for AFCO following their recent acquisition of Byerly Aviation in Peoria,…

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