Alerts Sign-up
Virginia’s Richmond International Airport (KRIC) has issued a proposal to take control of its two fixed-base operators (FBOs), with a meeting planned for tomorrow. The Capital Region Airport Commission will vote on a resolution presented last week by KRIC president and CEO Perry Miller that would eliminate Richmond Jet Center—which has more than seven decades in operation at the field—as well as the Million Air Richmond FBO, in operation since 1992, in favor of one airport-controlled entity.
The vote announcement comes after the commission issued and then canceled two requests for proposals (RFPs) during the evaluation process over the past year and a half. While the first RFP noted leases for two aviation service providers, the second—seemingly in violation of the airport’s grant assurances—was for only one, despite both FBO leases being due to expire in early 2026.
Under the airport’s master plan, which calls for the creation of a parallel runway, three leaseholds are identified for general aviation development. Both FBOs attempted to negotiate shorter lease renewals while the airport sorted out its plans but were rebuffed. According to the FBOs, they were blindsided by news of the vote scheduling and both told AIN that the numbers presented in the airport's proposal strongly overstated potential revenues resulting from the takeover.
