Decoding the Demand for Fixed Base Operators in Aviation
The aviation industry has
witnessed phenomenal growth in the last two decades. Business has increased substantially,
and passengers are very keen on getting quality services for the price they
pay. One of the major concerns for investors, general aviation users, and airplane
owners is the management of services provided on-airport. This is precisely
where the need for fixed-base operators (FBOs) becomes very evident. Who are
FBOs? What do they do? What should you evaluate when choosing an FBO management
service? In this post, we will try to answer these questions along with other
relevant points.
Understanding services of FBOs
A fixed-base operator is usually
a company or organization that has the right and permissions to work at an
airport, mainly for diverse kinds of aeronautical services. FBOs handle most of
the charter and private aircraft activities at an airport and work various
types of private operators at the same time. FBOs are expected to offer support
and services that help in easing the various processes at different public-use
airports. These companies operate at major and regional airports and ensure efficient
air transportation activity their customers.
Services offered
FBOs offer all sorts of different
services, depending on the needs of the airport and its customer base.
Typically, their primary job is related to airport facility management,
aircraft fueling and aircraft handling. Aircraft Charter and Management (ACM)
companies and other private aviation customers use such companies for managing
their daily flight operations requirements, such as aircraft fueling, aircraft handling, and
managing the overall passenger experience. Some FBOs also deal with
Maintenance, Repair, and Overhaul (MRO) along with Aircraft Charter and
Management (ACM) as different options. Other services include a wider range of
ancillary on-airport services such as catering, de-icing, etc.
What else to know?
Most FBOs and aviation service
providers work under lease directly from the airport from which the services
are offered. In most cases, such contracts and leases have relatively long
terms, which allows the service provider to establish and achieve returns from
its investments over time. All contracts generally include a list of
operational rights, along with relevant restrictions, which must be adhered by
the FBO for conducting business. If you are an investor or stakeholder, hiring a
professional FBO management company may be the best way to maximize your
aviation assets’ value. Professional FBO
management has become more common over the last 20 years.
1. What is the company’s
management experience? Aviation management companies should have deep
experience around varying types of airports and through different economic
cycles. When you choose an FBO, you need to know their overall track record and
experience across all operations.
2. What’s their international
experience? Having exposure in the global aviation industry is also very
crucial and should be considered one of the strengths of a professional service
provider. The relevant company should be able to handle the owner’s growth and
expansion plans, both domestically and globally.
3. Finally, what are the services
that they can offer? As mentioned earlier, different airports may require
additional services beyond core line service. You need to know their range of expertise
and capabilities they can provide in addition to basic line service.
Check online now to find aviation
FBO management services for your needs!
Contact FBO Management Service Company
Global Aviation Infrastructure
LLC
http://www.aviationinfrastructure.com/
+1 (843) 412-6881
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