Flying Magazine reports, “The market for FBOs—the companies that handle services at airports like fueling, hangaring, and aircraft maintenance—is set to grow at a “healthy” rate over the next several years, according to a new report. Market research firm The Insight Partners predicts the fixed base operator market will expand from $25.5 billion in 2024 to $41.4 billion by 2031. Analysts attributed the forecasted gains to a more dynamic business travel environment and demand from established and emerging regions, especially North America, Europe, and Asia.”
Full Story (Flying Magazine)