Benefits of Aviation Management and Consulting Services
Service businesses in the aviation industry have undergone many changes over the last few decades in order to meet the changing demands of the flying public. Professional aviation management and consulting firms hold a significant importance in the industry.
The significant socio-economic impact of the aviation industry on the global as well as the national level continues to drive increased utilization of general aviation aircraft. Over the last few years, the aviation industry has gone through many significant changes as private aviation users can now choose from a number of entry structures and pricing arrangements such as fractional shares, card programs, subscription plans, and on demand charter in addition to outright aircraft ownership. As the demand for aviation related services has grown in an exponential manner, asset owners and investors have become more focused on operational efficiency and profitability of their holdings.
As the demand for air transportation has increased relative to the capacity at various airports, business owners need to rely on professional firms implementing aviation management systems which can streamline operations and provide value added operational and financial reporting. Safety and regulatory requirements of these specialized aviation related services drive additional managerial requirements as well.
Along with promoting safety management best practices, increasing efficiency, real time operational and financial reporting solutions are also offered by professional aviation management companies. Private individuals as well as corporate users in the aviation industry have been able to increase their efficiency by fulfilling their travel mission requirements with private aviation solutions from professional management companies.
Aviation consultants work with institutional capital sponsors, family offices and operating service companies to provide solutions on complex competitive and managerial issues. With the help of a professional aviation consultant clients can access industry leading aviation best practices. Aviation consultants may serve is a primarily advisory role or be engaged to manage any size operation or project.
An aviation consultant may focus on efficient use of on-airport infrastructure as well as aviation services such as FBO management, Maintenance Repair and Overhaul (MRO) or aircraft management procedures and. Many of these business segments require licenses, such as Part 145 repair station license or a Part 135 air carrier certificate. An aviation consultant can assist an asset owner or operating company with obtaining these certifications.
A fixed-base operator (FBO) is an aviation service company that operates at the airport and provides its services such as fueling, ground handling, hangaring, aircraft maintenance and general aviation terminal services. In simple terms, the FBOs are recognized to be the primary provider of essential services that are necessary to general aviation operators at all airports.
Services provided by the FBOs include but are not limited to:
1. Aviation fuel for general aviation and commercial operators
2. Groundhandling services
3. Hanagaring of general aviation aircraft
4. General aviation terminal services
5. Aircraft Charter and Management (ACM) or air taxi operations
6. Aircraft Maintenance, Repair and Overhaul (MRO) services
While providing all necessary aircraft services at an airport an FBO also provides ancillary services such as aircraft catering, arranging ground transportation and providing facilities and terminal areas to the flight crew, pilots and passengers.
Global Aviation Infrastructure LLC
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Global Aviation Infrastructure LLC provides management and advisory services for corporations, airport sponsors, private equity firms and financial institutions.