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American Aero FTW, an FBO at Dallas-area Fort Worth Meacham International Airport (FTW), has acquired the fueling rights from competitor Cornerstone Air Center in a move that will leave the aircraft fueling tasks at the airport split between the two remaining FBOs.
Under the terms of the deal, which is awaiting approval by the city, Cornerstone will continue to lease the hangars it controls at the dedicated general aviation airport, while its fuel farm, consisting of a pair of 10,000-gallon avgas tanks and one above-ground 10,000-gallon jet-A tank, will be taken over by American Aero.
With this latest deal plus its military fueling contract, American Aero believes its market share at the airport will grow to 45 percent, up from single digits when the FBO first opened in 2012. The company debuted its FBO terminal in 2017, and expansion plans call for the development of another five acres of its leasehold with new hangars and more ramp space.
“American Aero has led the development and the renaissance at KFTW since it opened its doors and we will continue to do so,” said general manager Angela Thurmond. “We are ranked the best FBO in Texas and one of the top FBOs in the world because we are committed to creating a welcoming experience and making Meacham a beautiful gateway to Fort Worth and surrounding communities.”