Printable version of the FBO Report, FBO Ratings and Readers Comments
ForPrintable version of the FBO Report, FBO Ratings and Readers Comments
For the FBO industry, 2010 was a year of relative stability after the decline that began in 2008. Following nearly two years of reduced aircraft traffic and diminished fuel sales, last year saw the glimmerings of a rebound. “FBO operators were hit hard by the recent economic downturn,” said Mike France, NATA’s director of regulatory affairs. “However, in mid- to late 2010 many of our members began to express optimism about an economic recovery. Most FBO operators are looking to this year to be the time to return to growth.”
According to statistics provided by business aircraft industry analyst Argus, 2010 saw an improvement in every month over the previous year, with an overall increase in the number of flights of 5.6 percent. More than one attendee at the recent Schedulers and Dispatchers conference noted there were fewer discussions about employment overheard at this year’s event, which had an almost palpable enthusiasm.
More In FBOs
