NBAA Hails Senate Passage of FAA Reauthorization
/Renowned Publisher Steve Forbes to Keynote ABACE2012 Gala
/JETTECH Develops ‘Glass Panel’ Install, Now Available as Retrofit
/Aviation Groups Thank Clinton, LaHood for Strong Opposition to EU-ETS
/NBAA Joins Call for Congress to Extend Accelerated Depreciation Until 2013
/NBAA Tells FCC: GPS 'Must Be Protected From All Sources of Interference'
/NBAA Thanks Florida Senator for Speaking Out Against User Fees
/Euro Jet Appoints Tajikistan Country Manager
/Decreasing FBO Costs in 2012
/Cash Flow and Controlling Expenses—Managing Your Business
(Part 2 of a 3-Part Series: Planning a Successful 2012 FBO Business Strategy)
By John L. Enticknap, Aviation Business Strategies Group
The buck stops with the guy who signs the checks.
—Rupert Murdoch
In the first installment of this series, we discussed our FBO Business Outlook for 2012. At the recent NBAA Schedulers & Dispatchers Conference held in San Diego, we had a chance to discuss this outlook and the current business climate with a number of FBOs in attendance.
Many we talked to agreed with our forecast of a slow uptick of around 2.5 percent average industry growth in 2012, with some individual FBOs experiencing up to 5 percent growth or even possibly more. We met a number of FBO owners and managers who indicated they were ahead of the 2.5 percent growth rate for 2011 and expect to do better than the 5 percent growth projection for 2012. And of course, some indicated 2011 was a flat year and they didn’t expect to do much better for 2012.
For this installment, part two of our three-part series, we want to discuss ways FBOs can better manage and even decrease their costs in 2012.
Make March 27-30, 2012, Your Capital Week for Aviation Business
/Hurun Report Is Official Media Partner for ABACE2012
/With Two Months to Go, ABACE2012 Exhibitor Space Sold Out
/NBAA Applauds Congressional Progress on FAA Reauthorization Package
/NBAA: New Online Election-Year Tool Helps Members Be Informed, Involved
/The National Business Aviation Association (NBAA) announced a new "Election 2012" web resource to help the business aviation community be informed and involved in this year's elections.