Category Archives: Stipancic

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.

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 infrastructure investment funds managed by the Merchant Banking Division of The Goldman Sachs Group, Inc. (“Goldman Sachs”). The transaction transfers ownership from a diversified base of investors to WSIP III. Full Press Release in PDF Format here.
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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...