As COVID-19 continues to rage worldwide, causing many domestic and international carriers to struggle with diminished demand, one positive outcome from this is that more air travelers who have the financial means are seeking out business aviation and charter operators for private flights. While certainly not affordable for everyone, this influx of new clients has FBOs across the country reporting brisk business, which many launching plans for expansion.
FBOs Plan Midwest, Southwest Expansions Despite Pandemic
Key Takeaways:
- The COVID-19 pandemic has significantly boosted demand for business aviation and private charter flights, leading to record business for Fixed-Base Operators (FBOs).
- Companies like Cutter Aviation experienced a banner year in 2020, achieving record sales and full hangar occupancy, and are now planning major expansion projects in the Southwest.
- Carver Aero is also expanding its FBO operations and charter fleet in the Midwest, acquiring new locations and targeting new private fliers, anticipating a continued shift towards private aviation post-pandemic.
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