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AFCO - Branson Airport developer and minority owner
by Gary Groman aka The Ole Seagullpublished: Jan 8, 2009
An article appearing in the Jan. 7 edition of the Baltimore Business Journal reported that Aviation Facilities Co. Inc. (AFCO), “Is developing the nation’s first privately-funded commercial airport in Branson, Mo., which is scheduled to be finished in May [2009]. The primary topic of the article, was to announce that AFCO, a developer and manager of airport infrastructure, based in McLean, VA, bought the trade name and seven U.S. airport management contracts from AvPORTS, a division of Macquarie Infrastructure Co. (NYSE: MIC), for an undisclosed amount.
The mention of the Branson Airport was incidental to the main topic and appeared in the last sentence of the article. Information on AFCO’s web site, regarding its involvement with the Branson Airport, states “In its role as developer, AFCO is responsible for overseeing the design and construction of the project” and that “AFCO has a minority ownership and sits on the board of Branson Airport LLC.”
The website indicates that AFCO’s “services include the management of airports, the development, design, financing, leasing, and marketing of terminals, cargo, maintenance and other support facilities, fixed-base and general aviation facilities, cross-dock facilities, aircraft aprons, parking facilities and other transportation infrastructure.” It lists airports such as Orlando International, Kansas City International, and George Bush Intercontinental Airport, Houston, TX as properties using AFCO services.
