Post Covid-19 & Your FBO – Facing The Challenge
Aviation Update|September 2020
Eddie Rickenbacker “Aviation is proof that given the will, we have the capacity to achieve the impossible.”
Joe McDermott
Post Covid-19 & Your FBO – Facing The Challenge

COVID-19 has dealt the FBO industry a blow to its solar plexus & many in our industry, specially the independent FBO & smaller networks, feel there is no light at the end of the tunnel. Our industry has suffered downturns before, while nothing like that which COVID-19 has caused, history shown that the sector always comes out fighting!

I think the future of business aviation & therefore, the FBO sector too, is brighter than one might think.

Consider what is happening in the airline sector.

Less airports being served = reduced connectivity.

Reduced frequency.

Reduced capacity.

Fewer Business Class seats.

Longer check-in queues& times.

Much higher fares.

These factors& safety concerns have led to an increased use of private aircraft for both business & personal reasons, just ask any charter broker!

Already we are seeing considerable bizav traffic increases across Europe & the USA, in some regions YOY figures are actually up for July! (August figures will of course reflect introduction of local lockdowns & quarantine).

Reference: EuroControl&WingX

Once new clients experience the convenience, safety, luxury & other benefits of business aircraft, many are likely to continue to fly private! So, the long-term effect of the pandemic may very well lead to an increased traffic for FBOs.

This story is from the September 2020 edition of Aviation Update.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the September 2020 edition of Aviation Update.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM AVIATION UPDATEView All
Future Cultural Challenges for Airlines And Airports
Aviation Update

Future Cultural Challenges for Airlines And Airports

Introduction Assuming we are all alike is one of the greatest mistakes we human beings are making all the time. Another mistake we constantly make is to assume that our way of doing things is the only right way. So when people do things differently e.g. how people queue up or what we ascribe status to we try to educate them to do or see it our way. This is usually not well received and a conflict starts.

time-read
7 mins  |
August 2021
Boosting the growth of MRO Industry
Aviation Update

Boosting the growth of MRO Industry

Dr. Praveen Srivastava, Founder & CEO - AeroChamp, in conversation with our Special Editor Rohith Reddy on the reforms needed in the industry

time-read
9 mins  |
August 2021
MoD issues RFP for construction of six P-75(I) submarines for Indian Navy
Aviation Update

MoD issues RFP for construction of six P-75(I) submarines for Indian Navy

As a major initiative towards ‘Make in India’, Ministry of Defence (MoD) has issued Request of Proposal (RFP) for the first acquisition programme under the Strategic Partnership Model for construction of six AIP fitted Conventional Submarines named Project 75(India) [P-75(I)] for the Indian Navy, on July 20, 2021.

time-read
2 mins  |
August 2021
Lockheed Martin Opens Advanced Manufacturing Facility to Expand Orion Spacecraft Production
Aviation Update

Lockheed Martin Opens Advanced Manufacturing Facility to Expand Orion Spacecraft Production

Lockheed Martin opened its Spacecraft Test, Assembly and Resource (STAR) Center. The STAR Center features business and digital transformation innovations that will expand manufacturing, assembly and testing capacity for NASA's Orion spacecraft program and ultimately, future space exploration.

time-read
1 min  |
August 2021
Rafale Aircraft Formally Inducted into 101 Squadron of the IAF
Aviation Update

Rafale Aircraft Formally Inducted into 101 Squadron of the IAF

The Indian Air Force formally inducted Rafale aircraft into No. 101 Squadron at Air Force Station Hasimara in Eastern Air Command (EAC) on 28 Jul 21.

time-read
1 min  |
August 2021
Forward towards growth
Aviation Update

Forward towards growth

Yogesh Garg, Director, Sales - Asia Pacific - De Havilland in an exclusive interview with our Editor Mr. Kartikeya

time-read
5 mins  |
August 2021
RoyalJet adds European based BBJ to world's largest fleet
Aviation Update

RoyalJet adds European based BBJ to world's largest fleet

RoyalJet, the Abu Dhabi-owned and operated award-winning premium private aviation leader, has added a privately owned Boeing Business Jet (BBJ) to its growing fleet of managed aircraft.

time-read
1 min  |
August 2021
Tata Boeing Aerospace Delivers 100th Fuselage for the AH-64 Apache Combat Helicopter
Aviation Update

Tata Boeing Aerospace Delivers 100th Fuselage for the AH-64 Apache Combat Helicopter

Tata Boeing Aerospace Limited (TBAL) announced the delivery of the 100th fuselage for the AH-64 Apache combat helicopter to Boeing from its state-of-the-art manufacturing facility in Hyderabad.

time-read
1 min  |
August 2021
Textron gets order for up to 150 Cessna Grand Caravan EX aircraft
Aviation Update

Textron gets order for up to 150 Cessna Grand Caravan EX aircraft

Textron Aviation announced Surf Air Mobility has signed a purchase agreement for up to 150 Cessna Grand Caravan EX single-engine turboprop aircraft, with an initial fleet order of 100 aircraft and an option for 50 more.

time-read
2 mins  |
August 2021
Virgin Galactic completes first fully crewed spaceflight
Aviation Update

Virgin Galactic completes first fully crewed spaceflight

Virgin Galactic’s VSS Unity successfully reached space on July 11, completing the company’s fourth rocket-powered spaceflight. The flight was the 22nd test flight of VSS Unity and the first test flight with a full crew, including Indian American SirishaBandla in the cabin, including the Company’s founder, Sir Richard Branson.

time-read
2 mins  |
August 2021