AvPORTS

What AvPORTS does

Avports LLC is a US-headquartered private airport management, development, and investment firm that operates, leases, and develops small and mid-sized airports across the United States and the Caribbean. Tracing its lineage to the 1927 aviation operations of Pan American World Airways (originally Pan World Services), Avports today manages a portfolio of 17 airports — including Albany International, Teterboro, Westchester County, New York Stewart International, Tweed New Haven, Moffett Field, Manassas Regional, MidAmerica St. Louis, USVI’s Cyril E. King and Henry E. Rohlsen airports, plus airline-consortium operations at LAX Tom Bradley and Detroit North through the Airport Synergy Group JV — under either direct operations and management (O&M) contracts or long-term public-private partnership (P3) leases with airport authorities, port authorities, state DOTs, and municipalities.

The company delivers its services through two core product lines: Public-Private Partnerships (P3) under which Avports invests private capital, develops terminals and infrastructure, and operates airports for multi-decade lease terms; and Operations & Management (O&M), a modular service covering passenger terminal operations, environmental/health/safety, ARFF and cargo/ground handling, air service development, commercial concessions, construction management and ORAT, financial and HR management, and stakeholder relations. Underlying technology focuses on airport operations management, infrastructure development, regulatory compliance (FAA Part 139 across Classes I–IV, ISO 9001 and ISO 14001 certifications at portfolio airports), and emerging energy infrastructure including Baker Hughes microgrids, Revo Zero hydrogen dispensers, the NASA ÆNodes energy virtual twin program with NREL, and eVTOL readiness with Jaunt Air Mobility.

Avports generates revenue primarily through long-term managed-services contracts (operations and management fees, ARFF, ground handling, concessions) and P3 lease economics that combine franchise/lease payments (e.g., more than $700,000 annually for the Manassas 40-year lease) with capex-bearing development commitments ($75–$125 million terminal at Manassas; Tweed New Haven terminal and runway extension under FAA Airport Improvement Program grants including an $11.3M award) and commercial revenue participation. Owned by Goldman Sachs Asset Management (acquired from Johnson Controls) and led since May 2025 by CEO Marc Ricks, Avports pursues growth through new P3 concessions, geographic expansion (notably into the US Virgin Islands via the VIports Partners consortium), sustainability infrastructure buildouts, and advanced air mobility preparedness.

Name

AvPORTS

Legal name

Avports LLC

Website

https://avports.com

Company type

Private

Founded year

1927

Operating status

Operating

Headcount range

101–250 employees

Short description

Avports LLC is a privately-held US airport management and development firm operating 17 airports across the United States and the Caribbean through long-term P3 leases and O&M contracts, serving government airport authorities, port authorities, municipalities, and state DOTs.

Ownership category

akta.pro rank

Product category

Airport Management Services

NAICS

Airport Operations (48811), Other Airport Operations (488119)

SIC

Airports, Flying Fields & Airport Terminal Services (4581)

akta.pro primary industry

Aviation Infrastructure Agencies (Public Airports, Airfield Ops, Ground Access) (BPAIALAE)

Keywords

• Airport management services
• Public-private partnerships
• Airport operations maintenance
• Aviation infrastructure development
• Airport P3 leases

Headquarters

HQ city

Dulles

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Others

Revenue model

1. Airport Management Contracts: Direct management contracts with airport authorities providing comprehensive O&M services including operations, maintenance, security, ARFF, and janitorial services
2. P3 Lease Agreements: Long-term public-private partnership leases where Avports invests in development, operates facilities, and generates returns through airport operations and commercial revenue
3. Terminal Development and Construction: Capital projects for terminal expansion and infrastructure development funded through P3 arrangements, with Avports responsible for $75-125 million terminal expansion at Manassas
4. Air Service Development: Services to attract airline partners and expand route networks, creating value through increased passenger traffic

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

AvPORTS leases, develops, manages, and operates aviation infrastructure, primarily small and mid-sized regional airports, under two primary models: Public-Private Partnerships (P3) for long-term airport development and lease agreements, and Operations & Management (O&M) contracts for comprehensive day-to-day airport operations. Services include passenger terminal operations, ARFF (Aircraft Rescue and Fire Fighting), maintenance, air service development, commercial concessions, construction management, ORAT (Operational Readiness and Transfer), and capital project delivery across 17 airports in the US and Caribbean.

Product overview

Avports offers a unified platform of airport management and operations services, encompassing two core offerings: Public Private Partnerships (P3) for long-term airport development and lease agreements, and Operations & Management (O&M) services for direct airport management. The P3 model transfers operational, financial, and development risk to Avports while the O&M services provide comprehensive day-to-day airport operations. Within O&M, Avports delivers modular services including Passenger Terminal Operations & Maintenance, Environmental/Health/Safety & Risk Management, Commercial Concession & Property Management, Air Service Development & Marketing, ARFF & Cargo/Ground Handling, Master Plan/Design/Engineering/ORAT/Capital Projects/Construction Management, Financial & HR Management, and Stakeholder & Community Relations. The company also operates through a joint venture (Airport Synergy Group) for airline consortium management and manages a portfolio of 17 airports across the US and Caribbean, including flagship properties like Albany International Airport, Tweed New Haven Airport, Manassas Regional Airport, and U.S. Virgin Islands airports. Notable service features include the Hidden Disabilities Sunflower Program for inclusive passenger assistance.

Differentiator

Problem solved

Functional benefit

Products and services

• Public Private Partnerships (P3)

Quantifiable outcome

• 15-30% lower Operating Expenditure (OPEX) for P3 airport developments vs public sector only
• +5 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Nine partnerships are on record, tiered core, flagship/primary and minor.

• NASA / NRELcoreStrategic or Co-development Partner · 1 September 2024NASA selected Tweed New Haven Airport as first certified commercial airport to join ÆNodes (Airport as Energy Nodes) activity, partnering with National Renewable Energy Laboratory (NREL). NREL developing energy virtual twin and validating using ARIES platform to evaluate current and future energy needs.
• VIports Partners (Aecon-led consortium)flagship/primaryStrategic or Co-development Partner · 1 April 2024Aecon-led consortium including Tikehau Star Infra (Equity Providers), Avports (Airport Operator), Corgan Associates (Terminal Architects), and Consigli/J. Benton Construction (Contractors) selected by USVI Port Authority for P3 redevelopment of Cyril E. King Airport and Henry E. Rohlsen Airport. Avports serves as airport operator in the partnership.
• Baker HughescoreTechnology or Integration · 1 August 2023Alliance with Baker Hughes announced August 2023 to introduce microgrids at airports enabling low-carbon power sources, charging systems for aircraft and ground vehicles, and zero-emission buildings. Baker Hughes contributing sustainability initiatives including hydrogen-ready turbines and heat-recovery processes.
• Revo ZerocoreTechnology or Integration · 1 January 2022MOU with Revo Zero to install hydrogen fuel dispensers at public facilities including airports. Proof-of-concept installation planned at Tweed New Haven starting with ground vehicle refueling, with potential for airport aircraft refueling.
• Jaunt Air MobilityminorStrategic or Co-development Partner · 1 January 2022Alliance forged early 2022 with eVTOL developer Jaunt Air Mobility to support Access Skyways initiative preparing for commercial services with Jaunt Journey vehicle. Jaunt targeting 2026 market entry with 80-100 mile range, pilot and 4 passengers.
• Airport Synergy Group (ASG)coreStrategic or Co-development Partner · 1 January 2021Strategic cooperative between Avports, Jacobsen|Daniels and Consolidated Management Professionals (CMP) formed to evaluate, form, and operate airline consortia and joint service operations. ASG awarded contract January 2021 for DANTeC operation at DTW and March 2022 for TBITEC at LAX.
• Future Stewart Partners (FSP)flagship/primaryStrategic or Co-development Partner · 1 January 2019Joint venture between Groupe ADP and Avports finalized agreement with PANYNJ in 2019 to manage New York Stewart International Airport facilities for 10-year term. FSP handles terminal operations landside and airside, concession program management, and air service development.
• Planetary VenturescoreOthers · 1 January 2015Planetary Ventures won long-term NASA lease for Moffett Field 1,000-acre facility in 2013. Avports selected in 2015 by Planetary Ventures to provide airport management and FBO services.
• Pro-Tec Fire ServicesminorOthersAircraft Rescue Firefighting (ARFF) services outsourced to Pro-Tec Fire Services, a company specialized in airport rescue training and management providing services to 27 airports nationwide.

Scale indicators20 records

Recent moves9 records

Expansion highlights7 records

Broad incumbents

• VINCI Airports: VINCI Airports is the world's largest private airport operator with 70+ airports across 13 countries. While much larger than AvPORTS and focused on global concessions rather than US small/mid-sized airports, it competes for the same P3 mandate pool internationally and represents the upper-bound operator model AvPORTS aspires to.
• Fraport AG: Fraport operates Frankfurt Airport and a global portfolio of airports and ground-handling businesses. It has direct US presence (Fraport USA at JFK Terminal 5 retail/F&B) and competes with AvPORTS for ground-handling and consortium contracts at US hubs via its Fraport Ground Services subsidiary.
• Aena: Aena is the world's largest airport operator by passenger volume, managing Spain's 46 airports plus concessions in the UK, Colombia, Mexico, and other markets. Its government-mandated origin and concession-based growth model are highly analogous to AvPORTS' P3 approach at regional US airports.
• Ferrovial Airports: Ferrovial's airports division holds stakes in Heathrow, Glasgow, Aberdeen, and Southampton airports. As a diversified infrastructure investor with US presence (toll roads), it competes with Goldman Sachs/AvPORTS for capital allocation toward US airport P3 opportunities.

Direct peers

• Groupe ADP: Groupe ADP operates Paris-Charles de Gaulle and Orly and has an international portfolio of 25+ airports. Critically, ADP is AvPORTS' JV partner in Future Stewart Partners managing New York Stewart International Airport since 2019, making it both a partner and the closest large-operator analog competing for similar US P3 mandates.
• Corporación América Airports: Corporación América Airports operates 53 airports across 10 countries, with a focus on emerging-market concessions. Its pure-play airport concession model and P3/government contract structure most closely mirrors AvPORTS' long-lease airport management approach.
• MAG Airport Group: MAG Airport Group operates Manchester, London Stansted, and East Midlands airports in the UK under long-term government concessions. Its regional/mid-sized airport focus and concession-based business model are directly comparable to AvPORTS' portfolio strategy.

Emerging players

• Menzies Aviation: Menzies Aviation is one of the world's largest airport ground-handling and cargo operators, serving 200+ airports. While its core competency is ground services rather than airport ownership, it directly overlaps with AvPORTS' Airport Synergy Group consortium activities at LAX TBIT and DTW North.

Regional players

• GMR Airports: GMR Airports operates Delhi, Hyderabad, and Goa airports in India and has bid for international concessions. Its emerging-market airport P3 model and concession strategy are highly comparable, though it has not entered the US market to compete directly with AvPORTS yet.

Others

• Swissport International: Swissport is the world's largest airport ground-handling and cargo services company, operating at 286+ airports. It is an indirect competitor through shared services for airline consortia and would be a natural partner or competitor to AvPORTS' ASG operations at major US hubs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/Avports
• Facebookfacebook.com/profile.php?id=100067527151406
• LinkedInlinkedin.com/company/avports

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AvPORTS