Europe Fixed-Base Operator Market to Grow at a CAGR of 6.2% to reach US$ 11,251.39 Mn Million from 2021 to 2028

The Europe fixed-base operator market is expected to grow from US$ 7,396.27 million in 2021 to US$ 11,251.39 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028.

A fixed-base operator (FBO) is an organization that is granted the right by an airport for operating in the airport premises and for providing various aeronautical services such as hangaring, fueling, tie-down, aircraft rental, aircraft maintenance, and flight instructions. The fixed-base operators provide support services to the general aviation operators. Majority of fixed-base operators are doing their business at moderate to high traffic airports. The key drivers for the fixed-base operator market are development in Europe airport infrastructures and growth in business aviation sector. The increasing number of individuals with ultrahigh net worth in developing regions is a one of the key factors boosting the business of the Europe aviation sector. The market is expected to grow in Europe as falling prices of used 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. The growth of the business aviation sector due to rising demand for business jets is bolstering the fixed-base operator market growth.

Europe, especially Russia, witnessed an unprecedented rise in the number of COVID-19 cases in 2020. The pandemic conditions resulted in a decrease in aviation and defense activities, consequently lowering the demand for fixed-base operating activities in the first half of 2020. Moreover, decline in the overall travel activities has led to discontinuation of fixed-base operator projects in France, UK, Spain, Italy and Germany, among other European countries. However, the countries are likely to overcome the consequences of the drop in demand with the economic activities regaining their pace, especially from the beginning of 2021.

With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe fixed-base operator market. The fixed-base operators offer a diversified range of services such as hangaring, fuelling, flight instructions, aircraft maintenance, and aircraft rental. Of these, fuelling is one of the highest revenue generating segments. Airports across the region offer fuelling services for AVGAS piston engine aircraft and/or Jet fuel turbine-powered aircraft is accessible at virtually all fixed-base operator facilities. The fuelling services involve selling fuel to plane owners as well as offering them places to park their planes. The fixed-base operators often recruit ground crew and mechanics as well as employ flight planning and baggage-assistance teams and facilities, among others. Airport authorities are continuously investing in the deployment of fixed-based operators to provide different services to travelers for enhancing their travelling experience. Therefore, such investments in fixed-base operator operation in the airport supports the growth of fuelling services among the aircraft owners.

Europe Fixed-Base Operator Market Segmentation

• Europe Fixed-Base Operator Market – By Services Offered
  • Hangaring
  • Fueling
  • Flight Instructions
  • Aircraft Maintenance
  • Aircraft Rental 

• Europe Fixed-Base Operator Market – By Application
  • Business Aviation
  • Leisure Aviation
• Europe Fixed-Base Operator Market – By Country
  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Fixed-Base Operator Report Scope