Opening a New FBO is a Challenge - AIN
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- Опубліковано 24 вер 2020
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To build a modern FBO takes a great deal of time and resources. Airports will typically issue a request for proposals when an existing service provider’s lease ends or if the airport wishes to add another FBO. Once selected, a company will have to invest significantly in the design and construction of a new facility.
In the case of very high-end locations such as Million Air’s recently-opened new FBO complex at New York’s Westchester County Airport, that investment can extend into the tens of millions of dollars.
FBO operators hope to recoup that investment over the span of decades-long leases from airports, but know that at the end of that lease, the leasehold and any FBO improvement on it could revert back to airport control, and possibly be given to another company to manage under a new lease.
At a major airport with several providers, such as at Houston-area business aviation hub William P. Hobby airport, there can be significant competition among service providers, as Black Forest ventures found in the recent opening of its new Galaxy FBO there.
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For those wondering:
A fixed-base operator (FBO) is an organization granted the right by an airport to operate at the airport and provide aeronautical services such as fueling, hangaring, tie-down and parking, aircraft rental, aircraft maintenance, flight instruction, and similar services.[1]
In common practice, an FBO is the primary provider of support services to general aviation operators at a public-use airport and is located either on land leased from the airport, or, in rare cases, adjacent property as a "through the fence operation".[2]
In many smaller airports serving general aviation in remote or modest communities, the town itself may provide fuel services and operate a basic FBO facility. Most FBOs doing business at airports of high to moderate traffic volume are non-governmental organizations, i.e., either privately or publicly held companies.
-en.wikipedia.org/wiki/Fixed-base_operator
Thank you for adding this info for those who may not be familiar!
At 1:02 he states they are in the hospitality business, but the location has atrocious sound dampening, and we hear a hubbub of other people like it's some cheap unfurnished hall (and we don't even see many people in the vicinity).
PS: Love your channel!
And the decor is weird. When I think of high end FBO it would be sleek, modern with lots of glass for a great view. This one is dark, loud and claustrophobic with lots of fake stone. And the spokes person really needs a shave lol.
The dream of mine to own and operate an FBO slips further and further away as these mega corporations snatch up existing FBOs. Maybe one day!
Wanna do it together?
So how do you start?
Would be good to define "FBO" early in the segment
Apologies. We are so far into our aviation bubble that we forget that some may not be familiar with the terminology. We've pinned Abraham Kim's comment that explains it well. FBO or Fixed Base Operator is typically a company at an airport that can provide a variety of services for general aviation customers.
en.wikipedia.org/wiki/Fixed-base_operator
Thanks for watching!
I had try Milllion air service in Anchorage which was really Good ! Good to see another new FBO from Billion Air 👍🏻
Million air San Antonio is ghetto :0
I just got called poor in every language.
thumbs-DOWN #3 Friday late afternoon 24 September 2020! I selected and watched your entire video to learn what an FBO is and still do not know. Does it have luxury suites to offer to overnight airborne travelers?
Thank you for your comment. No, a well-equipped Fixed Base Operation (FBO) may have a single or multiple snooze rooms so pilots and crew can rest during flights, but they are not in the hotel business. There are comfortable waiting areas for passengers, and some locations may have conference rooms to conduct business meetings, but generally passengers will leave the facility as soon as possible, while the crew will remain with the aircraft if the customer plans a return flight that day.