Aviation Facilities Company (AFCO)

Aviation Facilities Company, known as AFCO, develops and manages facilities on airports in the United States for air cargo, air travel and e-commerce companies. It is based in Dulles, Virginia. The company says it began in 1992 as a single development project funded by friends and family investors, and that it has been in business for 30 years.

Services

• Development: managing the real estate development process with airports, from planning to delivery
• Airport design and construction
• Facilities management and marketing
• Airport management
• Financing, using its own equity and sources such as bonds and bank loans

Properties

AFCO lists its properties by airport and by type: multi-tenant and single tenant facilities, GSE facilities, fixed base operations, specialty facilities and hangars, and airport infrastructure. Airports named on its site include Albany, Austin, Baltimore/Washington, Orlando, Pittsburgh and San Diego, and it says it was selected to develop a multi-tenant cargo facility at Salt Lake City International Airport through a public private partnership.

Company facts

• Backed by an infrastructure fund managed by Ardian, as stated on its About page
• Case studies cover cargo development at BWI, GSE maintenance at Orlando and a public private partnership at San Diego
• Customers include airports, airlines and aviation related businesses