‘You can go a long way on $500 a month if you live in your office.’

Julie Lynem, for The Tribune, writes:

In the beginning, it was Borgsmiller and one airplane, and he launched the business with financial help from family and credit cards.

“There was no money,” he said. “I was just starting cold turkey and had no real resources. I had to keep expenses to a bare minimum. You can go a long way on $500 a month if you live in your office.”

And, more recently:

Five years ago, ACI had 46 employees. Now, it boasts 85, with the majority of new hires in highly skilled positions such as pilots, mechanics and line-service specialists (employees who perform a range of tasks from refueling planes to towing them), Robillard said.

The company declined to disclose financial data but noted that revenues have grown more than 50 percent since 2009. Its growth facilitated the need to build a 36,000-square-foot hangar and maintenance facility, which opened in December 2012. The company spent $7 million on the maintenance hangar and site M ramp — the concrete parking area for planes in front of the hangar — and invested an additional $500,000 on maintenance equipment and tooling.

 

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