The aerospace industry has undergone many changes in recent years. As demand for services continues to increase, investors and asset owners are worried about rising operating costs and profitability issues. To better understand the management of fixed base operations in aviation, it is important to understand the role of FBOs, also known as fixed base operators. In this article, we examine some of the fundamental aspects.
Understand the work of FBOs
In simpler terms, the Base Operator Fixed (FBO) refers to an organization that has the rights to provide basic services such as handling, hangar and aircraft refueling at airports . These companies are important because they allow general aviation operators to stay on course. In small municipal and commercial airports, FBOs manage almost everything related to the management of fixed base aviation operations.
Although there may be a number of tenants at an airport, due to the provision of essential services such as fuel and the operation of a passenger terminal of General Aviation FBOs are generally considered anchor tenants. FBOs are generally the hub of activity and communication at a general aviation airport and, at commercial airports, they serve as the hub for most non-commercial activities. FBOs also typically provide ancillary services tangent to terminal operations, including:
• passenger lounges
• Flight planning and weather monitoring facilities
• lounges and rest areas / sleep of pilots
• conference room
• Arrange for the catering of the plane and other miscellaneous items such as coffee, drinks, reading material, etc.
• washing the planes
• Defrost (if applicable)
• Organization of land transport
• Other services
They are generally categorized as "full service" when they provide services beyond essential handling, refueling and aircraft storage services.
The need for outsourcing
With changing dynamics, outsourcing is a standard in almost every industry, and aviation is no exception. Today, asset owners and financial institutions are motivated by the need for efficiency and profitability. They do not want to bog down under the weight of non-core division management, while an efficient team can provide turnkey solutions for outsourced management. Outsourcing not only increases efficiency through the use of industry-wide best practices, but it can also bring significantly increased customer satisfaction.
If you are considering professional management of your aviation portfolio, you must keep in mind several important factors. First and foremost, you need to make sure that you have hired a team with the direct experience required to meet your needs. They must have prior experience of managing clients with requirements similar to yours and experience in different sizes and types of airports. Secondly, make sure that the company provides you with a detailed management plan, tailored to your needs. Third, make sure that the company can provide you with references attesting to their previous work. It's the best way to make sure you get the experience you're looking for.
If you want to maximize the value of your aeronautical resources, consider using a professional management company to meet your FBO management and aviation management needs.