Category Archives: Press Release

Charles “Chuck” Stipancic, Jr. Elected Washington Airports Task Force Chairman

The Washington Airports Task Force is a leadership organization that works on bringing solutions to the problems affecting our airports and the quality of air services they provide, as well as their ability to expand, because air service is important to our region’s economy.Stipancic succeeds David Whitestone, a partner in the Washington, D.C. office of Holland & Knight and an elected member of the firm’s managing Directors Committee.  Whitestone has successfully chaired the Washington Airports Task Force since 2008.  “David’s experience on Capitol Hill and as counsel for airlines and airports has proved invaluable as he led the organization through some very challenging times.  We are grateful that David will remain on the Board and continue his support,“ said Keith Meurlin, President of the Washington Airports Task Force.Chuck Stipancic is President and CEO of Aviation Facilities Company, Inc., (AFCO), a market leader in the development and management of airports and airport infrastructure.  The company and its affiliates currently have infrastructure...

AFCO Announces Election of Frank Chambers as Chairman of the Board of Directors and Appointment of Chuck Stipancic as President and Chief Executive Officer

AFCO Leadership

AFCO announced that at its February 25, 2009 annual shareholders meeting that Francis X. Chambers, Jr. has been elected Chairman of the Board of Directors and that Charles Stipancic, Jr. has been appointed President and Chief Executive Officer.Mr. Chambers co-founded the Company in 1992 and has been its President and Chief Executive Officer since that time.  Mr. Stipancic, who joined the Company in 2003 as its Chief Operating Officer, is succeeding Mr. Chambers as President and Chief Executive Officer and will assume responsibility for the executive management of the Company.Mr. Chambers said, “We are very pleased to announce that Chuck is taking over the day to day management of the Company and are confident in his ability to steer the Company through these increasingly challenging times.  With know that Chuck will be successful in his new role given his knowledge of the industry and demonstrated leadership skills.” 

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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 Albany, New York; Atlantic City International Airport (ACY) in Atlantic City, New Jersey; Republic Airport (FRG) in Farmingdale, New York; Stewart International Airport (SWF) in the City of Newburgh and the Town of New Windsor, New York; Teterboro Airport (TEB) in Teterboro, New Jersey; Tweed-New Haven Regional Airport (HVN) in New Haven, Connecticut; and Westchester County Airport (HPN) in White Plains, New York. AvPORTS originated more than 80 years ago as Pan Am World Services, a division of Pam American Airlines and in subsequent buyouts has operated under the name of Johnson Controls World Services and American Port Services.  AvPORTS is currently one of the largest private airport...

AFCO Plans to Develop Corporate Jet Campus at Reading Regional Airport, Pennsylvania

AFCO Development Plans Reading Regional Airport

AFCO has announced plans to build up to 70,000 sq ft of hangars at the Reading Regional Airport, Pennsylvania. Having taken over the American Flight Services FBO at Reading in October 2006, AFCO has been evaluating the feasibility of building a campus for corporate jets already based on the field and to attract new ones to the area. As part of the planned development AFCO will work with the Airport Authority to demolish an existing antiquated hangar and relocate an existing fire station and ancillary facilities. The design was a collaborative effort between AFCO and beyond ARCHITECTURE a Pennsylvania-based architectural company.The first phase of the project could include a 25,000 sq ft hangar with personal parking garages, internet security access for aircraft owners, parts and maintenance storage areas and a new 10,000 s.f. FBO terminal. A second phase could include a second 25,000 s.f. hangar and potentially a third hangar of 10,000 s.f....