Survey: 53% of FBOs Increased Fuel Sales in 2017
Tuesday, February 6, 2018 at 9:19AM
AC-U-KWIK in 2018 FBO industry forecast, Annual FBO Fuel Sales Survey, Fuel, IS-BAH, SMS, customer service training, events, fuel prices, fuel prices, safety culture

Ed. note—Aviation Business Strategies Group principals and FBO Connection bloggers Ron Jackson and John Enticknap have revealed their annual FBO fuel sales survey results along with a forecast for the FBO business in 2018. They released this news to media today at the Schedulers & Dispatchers Conference in Long Beach, Calif.

53 Percent of FBOs Report Increased Fuel Sales in 2017 with 73 Percent Giving the Economy a Thumbs Up

Industry Forecast: New Jobs to be Created in 2018

Click to enlarge.Results of Aviation Business Strategies Group’s (ABSG) Annual FBO Fuel Sales Survey indicate that 53 percent of FBOs in the United States experienced increased fuel sales in 2017 compared to 2016 with 73 percent of survey respondents giving a favorable rating to the economy.

In addition, nearly half of the FBOs responding to the survey indicated they added to their workforce in 2017 and plan to continue hiring for newly created positions in 2018, according to ABSGs Principals John Enticknap and Ron Jackson.

“Overall, we saw improvement in just about every category in 2017 compared to 2016 with 34 percent reporting an increase in fuel sales of 1 percent to 8 percent.” Enticknap said. “Although 29 percent of FBOs reporting showed a decrease in fuel sales, the top 19 percent performers, with increased fuels sales of more than 8 percent, held their own. In fact, several  that we talked to reported back-to-back months of record fuel sales.”

Jackson added that fuel sales were bouyed by an increase in hours flown by the business aircraft fleet. “Flight data provided by ARGUS TRAQPak shows that flight activity in 2017 eclipsed 3 million flight hours for the first time since 2008. With Part 135 operators leading the way, 2017 flight activity rose 3.9 percent from 2016 while flight hours rose 5.5 percent for the same period,” Jackson said.

Click to enlarge.Another element of the survey also tries to gage confidence in the economy by asking FBOs if they think the economy is headed in the right direction. “We were encouraged to see that 73 percent gave the economy a strong thumbs up,” Enticknap said. “By comparison, in last year’s survey, 53 percent approved the direction of the economy and the year before, only 27 percent gave approval.”

New to this year’s survey, ABSG sought to find out if FBOs were expanding their workforce by creating new jobs.

“Nearly half the FBOs that responded said they had either added to their workforce in 2017 or were planning to hire at least one additional employee in 2018,” explained Jackson. “This not only shows increased economic confidence, it also helps verify leading market indicators that point to at least a mild business aviation market recovery.”

FBO Industry Forecast

Based on the their Annual FBO Fuel Sales Survey, interviews with FBO owners and aircraft operators, and analysis of the oil markets and the aviation fuel industry, Enticknap and Jackson have put together the following forecast for the FBO industry in 2018:


John Enticknap has more than 35 years of aviation fueling and FBO services industry experience and is an IS-BAH Accredited auditor. Ron Jackson is co-founder of Aviation Business Strategies Group and president of The Jackson Group, a PR agency specializing in FBO marketing and customer service training. Visit the biography page or for more background.


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© 2018 ABSG

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