Million Air San Juan has acquired its competitor Signature Flight Support’s facility at Puerto Rico’s Fernando Luis Ribas Dominicci airport.
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's President Tommy Hill, the Signature facility never truly recovered from the damage suffered during the 2017 hurricane. The purchase adds around 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.
The company currently has 88,000 square feet of hangar space at the station. In all, it expects to spend US$6m on revamping the facility, which is set open next year.
