FBOs Facing Rising Build Costs, Property Shortages | Aviation International News

FBOs Facing Rising Build Costs, Property Shortages

Executives at NATA's recently Aviation Leadership Conference see a number of obstacles as they look to keep up with growing bizav fleets.

By Kerry Lynch • Editor, AIN monthly magazine

November 15, 2018

FBO executives are seeing a need to add millions of square feet of ramp and hangar space as they attempt to accommodate the growth in business aviation fleets and aircraft size, but are facing rising costs of construction, more complicated airspace restrictions, and limits in available property. Speaking during NATA’s 2018 Aviation Leadership Conference last week, NATA president Gary Dempsey pointed to a study by the Business Aviation Group that estimated a need for about 24 million square feet in hangar and ramp space in the U.S. through 2023 and double that worldwide in infrastructure requirements, when considering the existing fleet and what is anticipated for delivery.

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