Million Air Buys Rival San Juan FBO

posted on 21st November 2019 by Eddie Saunders
Million Air Buys Rival San Juan FBO

Million Air San Juan has acquired its competitor Signature Flight Support’s facility at Puerto Rico’s Fernando Luis Ribas Dominicci Airport (TJIG). The move makes it the only FBO at the San Juan gateway, which offers a 5,539-foot runway.

According to Million Air San Juan president Tommy Hill, the Signature facility never truly recovered from the damage suffered during 2017’s ferocious Hurricane Maria. He told AIN he plans to renovate and relocate the FBO’s ground handling operations into the 5,000-sq-ft former Signature terminal, which has taller ceilings and more glass than the current Million Air terminal.

The purchase also adds nearly four acres of additional ramp space, which when combined with the company’s adjoining apron acquired in the 2017 purchase of a San Juan-based charter provider, will give it more than five acres directly in front of the new terminal, plus an additional three acres near its existing terminal. That facility will continue to house its charter division.

The company currently has 88,000 sq ft of existing hangar space at TJIG, and it has already cleared away the small rundown hangars on the new property in preparation for building a 30,000-sq-ft hurricane-proof concrete hangar, capable of sheltering the latest big business jets. Altogether, it expects to spend $6 million on the project, which is slated for completion in late 2020.