Fixed-Base Operator Market Size Predicted to Exceed USD
From GlobeNewswire: 2025-05-23 09:38:00
The global fixed-base operator market is experiencing healthy growth due to increased business aviation and air travel demand. Market projected to reach around USD 41.49 billion by 2031 with a CAGR of 7.6%. North America dominates, while Asia-Pacific shows highest growth potential. Key players include Avemex SA De CV, Deer Jet, and more.
Business aviation sector is growing globally, driven by increased demand for business jets. ASEAN and APEC working to improve transportation regulations. China sees decline in domestic business jet demand, but remains a key market. Business jet deliveries rose in 2023. Falling prices of pre-owned corporate aircraft driving market growth.
Asia-Pacific shows potential for FBO market growth, with strong international air passenger and cargo market. Expected to add 10,000 new aircraft by 2043. North America led the market in 2024, with Asia-Pacific expected to register highest CAGR. Market segmented by services offered and applications.
Key players in the fixed-base operator market include Avemex SA De CV, Jet Aviation, and more. Trending topics include premium FBO services and FBO network expansion strategies. Recent developments include Jetex signing agreement with Falcon Aviation and Atlantic Aviation acquiring Ferrovial Vertiports.
North America dominates the FBO market, with key airports undergoing modernization to accommodate increased passenger traffic. Paragon Aviation Group, Signature Aviation, and others offer diversified general aviation services in the region. Recent developments include Fontainebleau Aviation opening second private jet center.
For more detailed insights, download a sample PDF of the report at the provided link. Contact Ankit Mathur at [email protected] or +1-646-491-9876 for further information or queries. Visit https://www.theinsightpartners.com/ for more industry research services and reports.
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