The top 5 players in the fixed-base operator market include Signature Aviation, Universal Aviation, Swissport International AG, Jet Aviation, and JetEx. The listing of key players is derived by considering multiple factors such as brand image, current product & service portfolio, geographic reach, new product launches, market initiatives, investment in technology upgradation, mergers & acquisitions, and other market-related activities.
SIGNATURE AVIATION, UNIVERSAL AVIATION, SWISSPORT INTERNATIONAL AG, JET AVIATION, AND JETEX – PROMINENT MARKET PARTICIPANTS IN FIXED-BASE OPERATOR MARKET
The fixed-base operator market is segmented on the bases of services offered, application, and geography. Based on services offered, the market is categorized as hangaring, fueling, flight training, aircraft maintenance, and aircraft rental. Based on application, the market is categorized as business aviation and leisure aviation. Additionally, on the basis of region, the market is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM).
The increasing number of individuals with ultrahigh net worth in developing regions is a one of the key factors boosting the business of the global aviation sector. With its large population and wealth, APAC region is in a good position to quickly tackle flexibility issues to empower efficient business travel. Organizations such as ASEAN and APEC are synergistically working with the International Business Aviation Council (IBAC), the International Civil Aviation Organization (ICAO), and the Asian Business Aviation Association (AsBAA) for improving transportation regulations to implement efficient solutions. Business jet deliveries in China witnessed a decline due to poor domestic growth and poor business confidence in business jets. Despite the low demand for domestic business jets, various companies in China are confident of having new aircraft deliveries since the country is one of the main markets for the business jet in the region.
The market is expected to grow globally as falling prices of pre-owned corporate aircraft make operating leases more attractive for buyers. The demand for business jets is increasingly high due to mounting international trade and businesses, and surge in corporate travel activities, especially including managerial executives. According to the General Aviation Manufacturers Association (GAMA), the business jet manufacturers delivered 809, 644, and 710 aircraft in 2019, 2020, and 2021 respectively, and the production and delivery of business jets are further expected to grow in the coming years. Thus, the growth of the business aviation sector due to rising demand for business jets is bolstering the fixed-base operator market growth.
Most of the market initiatives were observed in North America region, which has a high potential for fixed-base operator. Few of the important market initiatives and product developments from the industry are mentioned below:
| Year | News | Country |
| 2022 | Signature Aviation announced the acquisition of the TAC Air division of TAC – The Arnold Companies. Through the acquisition, 14 TAC Air locations will rebrand and join the Signature network. | North America |
| 2022 | Jetex and Berlin Neuhardenberg Airport announced their joint venture agreement for establishing an executive aviation terminal and fixed base operation (FBO) at the airport | Europe |
