FBOs
European FBOs
Europe’s FBOs are feeling the financial pinch as business aviation traffic dips in response to the continuing economic crisis.

Europe’s FBOs are feeling the financial pinch as business aviation traffic dips in response to the continuing economic crisis. Most have seen a relatively steep downturn in traffic beginning last September/October. The smallest decline in traffic over the past six months reported to EBACE Convention News has been around 3 percent, but quite a few bases have seen month-on-month declines of just above 20 percent.

Opinion among FBO managers is divided between optimists who believe this is just a temporary blip and pessimists who are convinced that things will get worse before they get better, and believe it could take at least until the middle of this year to be able to ascertain where the bottom of the downturn lies.