All You Need to Know About Aviation Consultancy Services
The need and demand for aviation consultancy services has increased considerably in recent years. Read below to find some of the aspects and details that matter for working with these companies.
The changing dynamics of the aviation industry has forced aviation asset owners, service providers, airport sponsors, and financial institutions to consider innovative and creative ways of maximizing the value of their assets. Today, cost-effective planning is the key to efficient aviation operations, and it’s important to have an experienced team that can assist with your mission critical requirements and provide customized solutions. This is where aviation consulting and advisory services add value. These are companies that offer assistance and consultancy services for their clients, putting their diverse needs first. The nature of this consulting may differ considerably, depending on the profile and objectives of the concerned client.
How does aviation consultancy work?
It is difficult to define the scope and nature of aviation consulting and advisory services, because the field is diverse and can mean many things in different contexts. Aviation consultancy services are primarily focused on operational efficiency and brand value enhancement, focusing on maximizing the value of aviation assets. From assisting clients with their new assets, to creating management plans for airport activities, these firms provide a wide range of services depending on the needs of their customers. They also specialize in offering market based advice related to aviation transaction involving aviation properties from service companies to individual assets.
Aviation consultants are known for their on-field experience and ability to evaluate operations based upon industry leading best practices. If you are looking to launch a new service or want to expand your product or service offering with a more dedicated approach, you need to find a an experienced advisor who understands your requirements and is willing to tailor a bespoke solution to meet your needs. To find the right fit the first thing you need to do is diligence the overall capabilities and experience of the concerned company. You also need to understand their work profile and the level of efficiency and innovation they can bring to the project.
Over the years, the role of aviation consultants has changed considerably, mainly because the complexity of aviation operations has risen steadily. Many companies have additional expertise and experience in the management of airport operations and on-airport services, either on behalf of an airport sponsor or an aviation service provider. Some consultants also have considerable experience in FBO management with operations varying from a small single location at a municipal airport to a large network across international commercial airports.
It is important to understand your goals and objectives and the competitive dynamics of your situation within the context of the broader aviation market. Many consultants also specialize in services for family offices and other financial sponsors such a private equity firms.
With a team that include former senior industry executives in FBO management, aviation maintenance and repair, and aircraft charter and management, our on-the-ground experience makes us trusted advisors across the global aviation industry. Through an independent, objective lens, we have advised a wide variety of aviation clients globally in some of the field’s most complex aviation projects.
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ABOUT THE AUTHOR
Global Aviation Infrastructure is a leading aviation management company which provides Fixed Base Operation (FBO), Maintenance Repair and Overhaul (MRO), Aircraft Charter and Management (ACM), and aviation infrastructure management for aviation asset owners, corporations, airports, private equity firms, family offices and financial institutions.