AFCO Selected to Develop Aeronautical Facilities at ABE
March 30, 2021
(Hanover Township, Pennsylvania) – Aviation Facilities Company Management, LLC (“AFCO”) has been selected to plan and develop portions of on-airport property at Lehigh Valley International Airport (ABE) for aeronautical use.
On Tuesday, March 30th, the Lehigh-Northampton Airport Authority (LNAA) Board of Governors voted (unanimously) to approve the transaction. AFCO anticipates developing a range of facilities and infrastructure, including cargo, logistics, and other related airport support facilities that will facilitate steadily growing demand in the Lehigh Valley region.
“We are honored to be selected to partner with ABE to deliver facilities and the necessary infrastructure to meet existing demand and plan for the future at the airport,” said Chuck Stipancic, President and CEO of AFCO. “We look forward to a productive and highly-collaborative relationship with the Lehigh Valley International Airport team”.
Significant growth of air cargo operations at ABE started in 2016, with an increase of 165% – from 47 million pounds processed to nearly 126 million pounds. Last year, the airport served as a critical gateway for necessary supplies during the COVID-19 pandemic, as the amount of air cargo processed reached 210,271,578 pounds – the highest air cargo volume on record at ABE.
“Developing air cargo infrastructure remains a strategic goal for the Airport Authority. Partnering with the AFCO team on this important initiative will allow Lehigh Valley International to better serve our current air cargo demand, while providing expansion opportunities for new and existing businesses. This partnership will increase the ability of cargo carriers to serve the growing demand in our region,” said Thomas R. Stoudt, Executive Director, LNAA.
Over the last several years, ABE evaluated a variety of alternatives and reviewed proposals focused on air cargo growth options for undeveloped land on the airfield. The Airport Authority agreed that AFCO presented a strong vision that compliments the ABE Masterplan. AFCO provides an experienced team and an established communication network for coordinating projects of this scope with the various regulatory agencies associated with on-airport development.
The agreement between the LNAA and AFCO is performance based which includes certain termination rights if development milestones are not met.