FBOs
ABSG Forecasts Flat FBO Fuel Sales in 2024
Many service providers reported declines in 2023
close-up of refueling nozzle into wing
ABSG's annual fuel sales survey showed 41 percent of FBO respondents had declining fuel sales in 2023.

Following a year of declining fuel sales, the FBO industry is poised for a rather flat year in 2024, according to the Aviation Business Strategies Group’s (ABSG) annual fuel sales survey and industry forecast, released today at the opening of NBAA’s Schedulers and Dispatchers Conference in Fort Worth, Texas.

Company principals John Enticknap and Ron Jackson said 41 percent of this year’s survey respondents reported a decrease in fuel sales during 2023 compared to 2022, which they described as “an unusually high number.” That is 12 percentage points higher than the proportion of survey respondents who reported declining sales between 2021 and 2022.

Loading…