Global Fixed-base Operators (FBO) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Fixed-base Operators (FBO) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A fixed base operator is a business licensed to operate at an airport and provide aviation services such as passenger terminals, fueling, hangars, mooring and parking, aircraft leasing and aircraft maintenance. Fixed base operators often offer amenities such as valet parking, private terminal and lounge facilities. They also feature luxurious accessories and decorations. FBOs provide many of the same services as commercial airport terminals, but with a much smaller customer base. Many larger commercial airports have fixed base operator buildings that are separate from the commercial terminals.

Market Overview:

The latest research study on the global Fixed-base Operators (FBO) market finds that the global Fixed-base Operators (FBO) market reached a value of USD 23176.0 million in 2022. It’s expected that the market will achieve USD 3594.18 million by 2028, exhibiting a CAGR of -26.7% during the forecast period.

Fixed-base Operators (FBO) Market Challenges and Restraints

For FBOs, a great challenge may be to establish an effective operation base or workspace at or near their service location. Long-term commitment to traditional building leasing, coupled with the fixed area, location, or facility type, may be meaningless in logistics or finance.

An FBO may soon need to have more space in the same place, or have new space in a distant airport, or have more space to accept a new aircraft maintenance contract, store equipment, and materials, or use it as a logistics center or office space. Or they may need to reduce their space during the economic downturn or transfer their operations completely from one airport to another.

Every FBO is subject to environmental exposures such as releases from underground and aboveground storage tanks, vapor intrusion, deicing operations, oil and fuel spills. Many FBOs believe their general liability (GL) policies will pay for environmental incidents. However, environmental cleanups are usually not included in GL policies as they usually have pollution exclusions.

FBOs do not have their own hangars or land to operate on. Therefore, they lease facilities and land from the airport owner, who grants them the right to operate and provide air services at the airport. This presents challenges. Charters typically contain a clause stating that the FBO is solely responsible for all fuel spills or spills and any damage caused by the spill. Many of the provisions also include an indemnification clause, requiring the federal budget office to protect and indemnify airports, cities, counties, or any other governing entity.

Essentially, the airport and/or its owners are not responsible for spills from FBO tenants, which may even originate from elsewhere on the airport property and migrate onto or under the FBO's lease. One environmental event may be enough to force an FBO to shut down.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Signature Flight Support is one of the major players operating in the Fixed-base Operators (FBO) market, holding a share of 9.69% in 2022.

Signature Flight Support Corporation, a Signature Aviation plc company, is the world’s largest fixed-base operation (FBO) and distribution network for business aviation services. Headquartered in Orlando, Florida, Signature currently operates at more than 200 locations in the United States, Europe, South America, Africa and Asia.

Headquartered in Plano, Texas, Atlantic Aviation is a premier fixed base operator (FBO). With over 65 FBOs across 30 states, Atlantic provides a wide range of aircraft ground handling and corporate flight support services, including fueling and line services, ground transportation, catering, hangar, deicing, and ramp space.

Segmentation Overview:

Among different product types, Large Airfield segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the General Aviation segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Fixed-base Operators (FBO) market covered in Chapter 3:

Lider Aviacao
BBA Aviation
TAG Aviation
Jetex Flight Support
HNA Group (Swissport)
The Emirates Group (dnata)
TAM Aviacao Executiva
Abilene Aero
Universal Weather and Aviation
Helisul
World-Way Aviation
World Fuel Services

In Chapter 4 and Chapter 14.2, on the basis of types, the Fixed-base Operators (FBO) market from 2018 to 2029 is primarily split into:

Fueling
Hangaring, Tie-down, and Parking
Aircraft Rental
Aircraft Maintenance
Flight Instruction
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Fixed-base Operators (FBO) market from 2018 to 2029 covers:

Private Aviation
General Aviation
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)