Million Air Franchisee Acquires ACI Jet Stake

 - October 19, 2021, 1:15 PM
ACI Jet's newly-completed FBO at California's San Luis County Regional Airport, along with its siblings at John Wayne-Orange County and Paso Robles Municipal airports, could become part of the Million Air Network following ownership interest purchase in the company by Million Air licensee Freeman Holdings Group. (Photo: ACI Jet/Eric Reed)

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."