In recent years, the aviation industry has seen many changes. While there is a growing demand for services, investors and asset owners worry about the escalating cost of operations and profitability. Understanding the role of FBOs (also known as Fixed Base Operators) is crucial to better understand fixed base operations management in aviation. This post will cover some of the most important aspects.
Understanding the role of FBOs
The FBO (fixed-base operator) is a company that has the right to provide core service such as fueling, aircraft handling and hangaring at airports. They are vital as they help keep the wheels turning for general aviation operators. FBOs manage most aspects of aviation fixed base operations management at small municipal and commercial airports.
FBOs, while there can be many tenants at an airport’s terminal, they are considered to be the anchor tenant. They provide essential services such fuel and operate a general aviation passenger terminal. FBOs serve as the hub of activity and communication in a general aviation terminal, while at commercial airports, they are the hub for all non-commercial activity. FBOs provide ancillary service that is not directly related to terminal operations. These services include:
• Passenger lounges
• Flight planning and weather monitoring facilities
• Pilot’s lounges and rest/sleep areas
• Conference room facilities
• Arranging catering for the aircraft as well as other sundries such as coffee, beverages, reading materials, etc.
• Aircraft washing
• De-icing (where applicable)
• Arranging ground transportation
• Other services
They are usually classified as Full Service if they offer additional services to aircraft handling, fueling, and hangaring.
The need to outsource
In an era of changing dynamics, outsourcing has become a standard in nearly any industry. Aviation is no exception. Today’s asset owners and financial institutions are motivated by efficiency and profitability. When a team of efficient professionals can offer turn-key solutions to outsourced management, they don’t want the burden of managing non-core departments. Outsourcing is a way to increase efficiency and deliver better customer service.
Looking for help?
There are several things to remember when you consider professional management of your aviation portfolio. You must ensure that your team has the necessary experience to fulfill your requirements. You should ensure that they have previous experience with clients with similar needs and have had experience in dealing with different sizes and types airports. The company should also provide you with a customized management plan that meets your requirements. Third, make sure the company has references that can attest to their previous work. This is the best method to make sure you receive the benefits of the experience you desire.
A professional management company can help you maximize the value and efficiency of your aviation assets.