To recover from the impact of the COVID-19 pandemic, Fixed Base Operators (FBOs) are relying on growth in the international airport infrastructure and increased use of aircraft ground handling systems to boost the market. As the aviation industry bounces back, FBOs will have to adapt to new methods to survive in a post-pandemic world. With travel restrictions being uplifted, there has been an uptick in tourism, leading to an increase in aircraft operations and passenger congestion at airports. With the number of air travelers expected to grow further, there is an urgent need to modernize and upgrade airport infrastructure to facilitate the increased movement of aircraft.
Along with improved technology, FBOs also need to look at sustainability options to recover losses, for which Artificial Intelligence (AI) is the key. With AI-scaled real-time decisions, FBOs can streamline operations and reduce the impact of disruptions to airports and ground transportations—resulting in reduced fuel consumption, electricity, water, and food. AI can also be used to optimize the path of an aircraft from the gate to the runway to optimize fuel burn during taxiing. As the aviation industry seeks to restore normalcy in its operations, there are several FBOs emerging in the market today that offer innovative solutions that are viable in a post-pandemic world.
To simplify and assist CIOs in identifying the right Fixed Base Operators, Aerospace and Defense Review presents “Top 10 FBOs - 2021.”
A distinguished panel comprising CEOs, CIOs, VCs, Analysts, and the Aerospace and Defense Review editorial board has selected the top FBOs. In our selection process, we looked at the company’s offerings, core competency, news/press releases, client testimonials, milestones, and other recognition