The Europe fixed-base operator market is expected to grow from US$ 7,916.11 million in 2022 to US$ 12,007.42 million by 2028. It is estimated to grow at a CAGR of 7.2% from 2022 to 2028.
The region has the presence of business aviation airports such as Nice Côte d'Azur Airport, Geneva Cointrin International Airport, Paris-Le Bourget Airport, and Moscow Vnukovo Airport, across different countries. These airports deal efficiently with the increasing business aviation with the help of different FBOs including Signature Aviation and Jet Aviation, ExecuJet, and Swissport operating across the airports. There are over 136,000 general aviation aircraft in the region, and the European general aviation fleet has access for over 4,200 airports. The growing general aviation in Europe is anticipated to witness significant growth in the coming years, owing to an increase in number of people opting for business jets and private jets for travel and tourism in the region. The presence of several FBOs in the region such as Jet Aviation, Harrods Aviation, Universal Aviation, Farnborough Airport, Signature Flight Support, and Harrods Aviation, is boosting the market growth. Owing to the global lockdown to mitigate the spread of COVID-19, the economic strength of the region has been hindered to some extent. The operations across various sectors have been temporarily halted, which has affected the economic status of the region. The governments of every country in the region have announced a complete lockdown, which, in turn is hindering the growth of the Europe fixed-base operator market. Further, Europe has witnessed the highest number of COVID-19 affected cases and deaths, especially in Italy, which is expected to affect the demand for FBOs in Europe during the forecast period.
Some of the recent developments across the Europe FBO market include:
dnata Corporation; ExecuJet Aviation Group AG; General Dynamics Corporation; Jetex; Luxaviation; Signature Aviation; Swissport; and Universal Weather and Aviation, Inc. are the leading companies operating in the Europe fixed-base operator market.
Escalating Demand for Hangaring Services for Large Aircraft is Expected to Drive the Europe Fixed-Base Operator Market
The rising demand for business and private jets, including both small and large aircraft, is one of the significant factors driving the business growth of hangaring service providers. The steady rise in general aviation air traffic has created a need for new general aviation aircraft fleet with higher seating capacity. The general aviation aircraft OEMs are also focusing on the development of new-generation aircraft with reduced fuel consumption, large size, and low noise and carbon emissions. As a result, the demand for hangars has increased in recent years. The design of aircraft hangars has also undergone significant changes to suit the changing aircraft sizes and technologies, with modern aircraft hangars being fitted with temperature control and security devices. Thus, the trend of constructing large hangars to cater to the growing number of large general aviation aircraft fleet is a key trend that would support the growth of the Europe fixed-base operator market in the near future.Europe Fixed-Base Operator Market Overview
Europe includes various well-established economies such as France, Germany, Spain, Switzerland, Scandinavia, Russia, the UK, and Italy. The governments of these countries have been taking various initiatives such as infrastructural development of the general aviation industry in the region. These countries have developed economies and are technologically advanced with the presence of a large number of airports. Similar to the North American dynamics, the most preferred means of transportation across Europe for domestic and international travel is through private airplanes; hence, the region has the presence of both general aviation and commercial airports. The travelers' inclination toward air travel, both for business and leisure aviation, has resulted in significant presence of fixed-base operators across the region. The demand for FBOs for providing better services to the travelers has escalated remarkably over the years in the European countries.The region has the presence of business aviation airports such as Nice Côte d'Azur Airport, Geneva Cointrin International Airport, Paris-Le Bourget Airport, and Moscow Vnukovo Airport, across different countries. These airports deal efficiently with the increasing business aviation with the help of different FBOs including Signature Aviation and Jet Aviation, ExecuJet, and Swissport operating across the airports. There are over 136,000 general aviation aircraft in the region, and the European general aviation fleet has access for over 4,200 airports. The growing general aviation in Europe is anticipated to witness significant growth in the coming years, owing to an increase in number of people opting for business jets and private jets for travel and tourism in the region. The presence of several FBOs in the region such as Jet Aviation, Harrods Aviation, Universal Aviation, Farnborough Airport, Signature Flight Support, and Harrods Aviation, is boosting the market growth. Owing to the global lockdown to mitigate the spread of COVID-19, the economic strength of the region has been hindered to some extent. The operations across various sectors have been temporarily halted, which has affected the economic status of the region. The governments of every country in the region have announced a complete lockdown, which, in turn is hindering the growth of the Europe fixed-base operator market. Further, Europe has witnessed the highest number of COVID-19 affected cases and deaths, especially in Italy, which is expected to affect the demand for FBOs in Europe during the forecast period.
Some of the recent developments across the Europe FBO market include:
- In January 2022, Jetex and Berlin Neuhardenberg Airport announced their joint venture agreement for establishing an executive aviation terminal and fixed base operation (FBO) at the airport
- In June 2022, Jetex announced that it has signed an agreement with Avia Solutions Group to operate the FBO at Hangar 510 at Biggin Hill Airport (EGKB/BQH)
- In May 2021, Hadid International Services opened a new FBO facility at Italy's Riviera Airport.
Europe Fixed-Base Operator Market Revenue and Forecast to 2028 (US$ Million)
Europe Fixed-Base Operator Market Segmentation
The Europe fixed-base operator market is segmented into services offered, application, and country.- Based on services offered, the Europe fixed-base operator market is segmented into hangaring, fuelling, flight training, aircraft maintenance, aircraft rental. In 2022, the fuelling segment registered a largest share in the Europe fixed-base operator market.
- Based on application, the Europe fixed-base operator market is bifurcated into Business aviation and leisure aviation. In 2022, the Business aviation segment registered a larger share in the Europe fixed-base operator market.
- Based on country, the Europe fixed-base operator market is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe. In 2022, Germany segment registered a largest share in the Europe fixed-base operator market.
dnata Corporation; ExecuJet Aviation Group AG; General Dynamics Corporation; Jetex; Luxaviation; Signature Aviation; Swissport; and Universal Weather and Aviation, Inc. are the leading companies operating in the Europe fixed-base operator market.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Fixed-Base Operator Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threats to New Entrants
4.2.4 Threats to Substitute
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
5. Europe Fixed-Base Operator - Market Dynamics
5.1 Market Driver
5.1.1 Growth of Business Aviation Sector
5.1.2 Fuelling Services Contribute Significantly to FBO Service Business
5.2 Market Restraint
5.2.1 Staffing Shortages and High Operational Costs
5.3 Trends
5.3.1 Escalating Demand for Hangaring Services for Large Aircraft
5.4 Impact Analysis of Drivers and Restraints
6. Fixed-Base Operator Market - Europe Market Analysis
6.1 Europe Fixed-Base Operator Market Overview
6.2 Europe Fixed-Base Operator Market Revenue Forecast and Analysis
7. Europe Fixed-Base Operator Market Analysis - by Services Offered
7.1 Overview
7.2 Europe Fixed-Base Operator Market, by Services Offered (2021 and 2028)
7.3 Hangaring
7.3.1 Overview
7.3.2 Hangaring: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Fuelling
7.4.1 Overview
7.4.2 Fuelling: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Flight Instructions
7.5.1 Overview
7.5.2 Flight Instructions: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Aircraft Maintenance
7.6.1 Overview
7.6.2 Aircraft Maintenance: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
7.7 Aircraft Rental
7.7.1 Overview
7.7.2 Aircraft Rental: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
8. Europe Fixed-Base Operator Market - by Application
8.1 Overview
8.2 Europe Fixed-Base Operator Market, by Application (2021 and 2028)
8.3 Business Aviation
8.3.1 Overview
8.3.2 Business Aviation: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Leisure Aviation
8.4.1 Overview
8.4.2 Leisure Aviation: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
9. Europe Fixed-Base Operator Market - Country Analysis
9.1 Overview
9.1.1 Europe: Fixed-Base Operator Market - by Key Country
9.1.2 Europe: Fixed-Base Operator Market - by Key Country
9.1.2.1 France: Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 France: Fixed-Base Operator Market - by Services Offered
9.1.2.1.2 France: Fixed-Base Operator Market - by Application
9.1.2.2 Germany: Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 Germany: Fixed-Base Operator Market - by Services Offered
9.1.2.2.2 Germany: Fixed-Base Operator Market - by Application
9.1.2.3 Italy: Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Italy: Fixed-Base Operator Market - by Services Offered
9.1.2.3.2 Italy: Fixed-Base Operator Market - by Application
9.1.2.4 UK: Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 UK: Fixed-Base Operator Market - by Services Offered
9.1.2.4.2 UK: Fixed-Base Operator Market - by Application
9.1.2.5 Russia: Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.1 Russia: Fixed-Base Operator Market - by Services Offered
9.1.2.5.2 Russia: Fixed-Base Operator Market - by Application
9.1.2.6 Rest of Europe: Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.1 Rest of Europe: Fixed-Base Operator Market - by Services Offered
9.1.2.6.2 Rest of Europe: Fixed-Base Operator Market - by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
10.4 New Development
11. Company Profiles
11.1 dnata Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 General Dynamics Corporation
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Jetex
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Luxaviation
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Signature Aviation
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Swissport
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.8 ExecuJet Aviation Group AG
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Universal Weather and Aviation, Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 Word Index
List of Tables
Table 1. Europe Fixed-Base Operator Market Revenue and Forecast to 2028 (US$ Million)
Table 2. France: Fixed-Base Operator Market - by Services Offered -Revenue and Forecast to 2028 (US$ Million)
Table 3. France: Fixed-Base Operator Market - by Application -Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Fixed-Base Operator Market - by Services Offered -Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Fixed-Base Operator Market - by Application -Revenue and Forecast to 2028 (US$ Million)
Table 6. Italy: Fixed-Base Operator Market - by Services Offered -Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy: Fixed-Base Operator Market - by Application -Revenue and Forecast to 2028 (US$ Million)
Table 8. UK: Fixed-Base Operator Market - by Services Offered -Revenue and Forecast to 2028 (US$ Million)
Table 9. UK: Fixed-Base Operator Market - by Application -Revenue and Forecast to 2028 (US$ Million)
Table 10. Russia: Fixed-Base Operator Market - by Services Offered -Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia: Fixed-Base Operator Market - by Application -Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe: Fixed-Base Operator Market - by Services Offered -Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe: Fixed-Base Operator Market - by Application -Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
List of Figures
Figure 1. Europe Fixed-Base Operator Market Segmentation
Figure 2. Europe Fixed-Base Operator Market Segmentation - By Country
Figure 3. Europe Fixed-Base Operator Market Overview
Figure 4. Europe Fixed-Base Operator Market, by Services Offered
Figure 5. Europe Fixed-Base Operator Market, by Application
Figure 6. Europe Fixed-Base Operator Market, By Country
Figure 7. Europe Fixed-Base Operator Market - Porter’s Five Forces Analysis
Figure 8. Europe Fixed-Base Operator Market: Ecosystem Analysis
Figure 9. Europe Fixed-Base Operator Market: Impact Analysis of Drivers and Restraints
Figure 10. Europe Fixed-Base Operator Market Revenue Forecast and Analysis (US$ Million)
Figure 11. Europe Fixed-Base Operator Market Revenue Share, by Services Offered (2021 and 2028)
Figure 12. Hangaring: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Fuelling: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Flight Instructions: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Aircraft Maintenance: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Aircraft Rental: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Fixed-Base Operator Market Revenue Share, by Application (2021 and 2028)
Figure 18. Business Aviation: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Leisure Aviation: Europe Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe: Fixed-Base Operator Market, by Key Country - Revenue (2021) (US$ Million)
Figure 21. Europe: Fixed-Base Operator Market Revenue Share, by Key Country (2021 and 2028)
Figure 22. France: Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Germany: Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Italy: Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. UK: Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Russia: Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of Europe: Fixed-Base Operator Market - Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- dnata Corporation
- ExecuJet Aviation Group AG
- General Dynamics Corporation
- Jetex
- Luxaviation
- Signature Aviation
- Swissport
- Universal Weather and Aviation, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 115 |
| Published | February 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 7916.11 Million |
| Forecasted Market Value ( USD | $ 12007.42 Million |
| Compound Annual Growth Rate | 7.2% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 8 |
