SEO Title
Million Air Franchisee Acquires ACI Jet Stake
Subtitle
The largest franchisee within the Million Air FBO Network has acquired an ownership stake in California-based aviation services provider ACI Jet.
Subject Area
Channel
Teaser Text
The largest franchisee within the Million Air FBO Network has acquired an ownership stake in California-based aviation services provider ACI Jet.
Content Body

Freeman Holdings Group, the largest franchisee within the Million Air FBO Network, has acquired an ownership interest in California-based aviation services provider ACI Jet. The latter company’s founder, William Borgsmiller, will remain in control of ACI's three FBOs—at John Wayne-Orange County (KSNA), San Luis County Regional (KSBP), and Paso Robles Municipal (KPRB) airports, all of which will retain the ACI name for now.


Earlier this year, ACI completed construction on a new $20 million FBO at KSBP, and a major project is planned for KSNA where ACI has operated since 2017 and recently received a new 35-year lease.


Freeman currently operates 14 FBOs, with a dozen under the Million Air label, at locations such as Orlando, Florida; Yuma, Arizona; Medford, Oregon; and Syracuse, New York. This move will bolster Freeman’s California presence, which includes facilities at March Air Reserve Base (KRIV) in Riverside, and Southern California Logistics Airport (KVCV) in Victorville.


“With our 35 years of operational and commercial development background, we are confident we can augment ACI’s potential by incorporating Million Air’s industry-recognized customer service and facility standards to the ACI group of FBOs,” said Freeman Group CEO Scott Freeman. "All additional FBOs will combine to provide a huge choice of destinations to our customers."

Expert Opinion
False
Ads Enabled
True
Used in Print
True
Writer(s) - Credited
Curt Epstein
Publication Date (intermediate)
AIN Publication Date
----------------------------