Waco, Texas FBO Changes Hands

FBO operator Freeman Holdings Group has purchased Texas Aero, the lone service provider at Waco Regional Airport (KACT). The Avfuel-branded facility, which includes a 6,000 sq ft, two-story terminal, will be rebranded as Freeman Jet Center-Waco, while its staff will be retained to ensure continuity of service for its customers. Texas Aero Jet Sales will continue to operate independently under its existing ownership.

The FBO complex also has 53,000 sq ft of hangar space capable of sheltering super-midsize business jets. Plans call for the construction of a 25,000-sq-ft hangar that would handle the latest ultra-long-range aircraft.

Freeman, the largest Million Air franchisee, operates a portfolio of 22 locations under the Million Air and Freeman Jet Center brands. It also has an ownership stake in California-based ACI Jet, which has FBOs in San Luis Obispo and Santa Ana. This latest move follows Freeman’s expansion into Texas earlier this year with the acquisition of the sole-source FBOs at Preston Smith International Airport (KLBB) in Lubbock and Abilene Regional Airport (KABI).

“Texas Aero has built a strong reputation in the Waco aviation community for its service excellence and customer focus,” said CEO Scott Freeman. “By adding this established location to our network, we continue our commitment to providing outstanding FBO experiences across the Lone Star State and beyond.”