The impact of the COVID-19 pandemic, which resulted in an increase in fuel costs and a decrease in the number of flights in 2020 and had a substantial negative influence on the worldwide market. Due to the global decline in the aviation business because of the pandemic, numerous FBOs have reduced their operational costs and laid off staff. In 2021 so far, the market participants are seeing a considerable increase in demand from FBO as trade activity ramped up in the fourth quarter of 2020.
Generally, airport authorities provide basic Fixed Based Operator (FBO) services such as provisioning fuel and parking. You will often need to choose which FBO is right for you unless you have been based at a rural airport, have your hangar, fuel aircraft out of your cache of fuel, and retain your flying adventures constrained to the immediate local area with all take-offs and landings made at your local airport. FBOs offer fueling services of aviation gasoline (AVGAS) across the world to the piston engine aircraft or Jet Fuel to the turbine-powered aircraft. The fueling services include both the sale of gasoline and the provision of hanging services for the plane.
On that note, a distinguished panel of CEOs, CIOs, VCs, and other thought leaders from the industry, along with the editorial board of Aerospace and Defense Review, has shortlisted the companies who are looking to offer proper support and services with their expertise in FBOs to the widest market possible.
In this edition, we present to you Aerospace and Defense Review’s “Top 10 FBOs in Europe - 2021.”