FBO Best Practices Series #8: Take Time to Develop Your Business Plan

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By John L. Enticknap and Ron R. Jackson, Aviation Business Strategies Group - ABSGgroup.com 
- Authors of the forthcoming book: FBO Survival. 10 Tips to Keep Your Operations Lean, Mean & Profitable.

 

Welcome to our blog series on FBO Best Practices. With each blog post in this series, we’ll discuss “Best Practices” in running an efficient and effective FBO operation.

Best Practice #8: Planning, budgeting and sales forecasting. It’s not exciting; it’s not fun; but it’s essential to running a successful FBO operation.

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Edward Bolton Jr., FAA Assistant Administrator For NextGen, to Speak at NBAA2014

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The National Business Aviation Association (NBAA) today announced that Edward L. Bolton Jr., the assistant administrator for NextGen at the Federal Aviation Administration (FAA), will be a featured speaker at second day Opening Session of NBAA’s Business Aviation Convention & Exhibition (NBAA2014), which runs Oct. 21 to 23 at the Orange County Convention Center, in Orlando, Florida.
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An FBO with Humble Beginnings Makes A Name for Itself in a Big Way

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Located about 35 miles northwest of Atlanta at the Cartersville-Bartow County Airport (KVPC) is Phoenix Air Group, Inc. – more commonly called Phoenix Air – a Phillips 66®-branded dealer that has gained a lot of unsolicited publicity in the past few months. Senior Vice President and COO Dent Thompson likes to refer to Phoenix Air as “the largest company you’ve never heard of.” However, news articles and high-profile visits by Georgia’s Lt. Governor Casey Cagle and others, are trying to prove him wrong.
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$1.6 Million FBO Facility in Service At Sandpoint Airport

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Phillips 66® Aviation-branded dealer Granite Aviation recently announced it opened its doors for business at a new Fixed Base Operator (FBO) facility, located at Sandpoint Airport (SZT). The $1.6 million facility boasts a new 3,700 square foot terminal, a 7,000 square foot hangar, four aircraft refueling trucks, deicer truck and a newly constructed 190-foot-by-900-foot aircraft ramp.
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NBAA Charities Launches New Scholarship for Current and Aspiring Certified Aviation Managers

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The National Business Aviation Association (NBAA) today announced that NBAA Charities will offer a new scholarship to support the professional development of Certified Aviation Managers (CAMs). The CAM Scholarship, administered by NBAA’s CAM Governing Board, will include awards for both aspiring CAMs and current CAMs who are renewing their certification.
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Fargo Jet Center Expands Award Winning Services to Minneapolis/St. Paul Market

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Exclusive Aerospace LLC an affiliate of Fargo Jet Center (FJC), announced today the expansion of its award winning services to the Minneapolis market through purchasing the assets of Premier Jet Center at Flying Cloud airport (KFCM) in Eden Prairie, Minn. Flying Cloud is one of the main corporate airports serving the Minneapolis/St. Paul, Minn., market.
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Sun Valley Aviation (HRL), Aviation Service Provider To Rio Grande Valley, Mexico, And Latin America, Brands With Avfuel

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Avfuel Corporation is pleased to announce the addition of Sun Valley Aviation at Valley International Airport (HRL) to the Avfuel Branded FBO Network. Located in Harlingen, Texas, approximately 30 miles from the Gulf of Mexico, Sun Valley Aviation provides key aviation services to the Rio Grande Valley as well as Mexico and Latin America.
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Jim Matthews Leaves Aviation Week; Penton's Business Aviation Group Welcomes Justin Marciniak

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Jim Matthews, senior director and executive editor,  is leaving Aviation Week  after 26 years of employment. Although he is officially stepping down from his current role, he still intends to freelance for Aviation Week from time to time. Matthews started in 1998 and indicates that he has written roughly 17,000 news items and features, traveled to 34 countries and participated in 43 aircraft demos.
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FBO Updates: Three New Carribean Locations

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Our monthly look at new and updated FBOs:

KROC -- JetSmart Aviation Services
New FBO at Rochester, NY / 844-235-9040 / jetsmartaviation.com

OMAA -- Royal Jet
Newly refurbished FBO facility at Abu Dhabi, UAE / +971 2 505 1801 / royaljetgroup.com

TAPA -- Signature Flight Support
Aquired a new location at St. John's, Antigua / +1 268 462 2522 / signatureflight.com

TKPK -- Signature Flight Support
Aquired a new location at Basseterre, St Kitts / signatureflight.com

TKPN -- Signature Flight Support
Aquired a new location at Nevis Island, St Kitts / signatureflight.com

Business Spotlight: Manny's Catering

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Manny’s Catering has been serving Mexico for more than 10 years. They offer a wide variety of dishes and services including box meals, Mexican specialties, a Little Flyers kids menu, and can even cater to Kosher diets. Learn more about this company.
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International Business Aviation Exhibition Jet Expo-2014 Took Place on Sept. 4-6 in Moscow

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International Business Aviation Exhibition Jet Expo-2014 was held on Sept. 4-6 in Moscow Vnukovo Airport. Jet Expo is one of the most important annual events in the sphere of business aviation in Russia and CIS countries, which gives a unique chance to meet representatives of the industry on a single platform to discuss the future development and new contracts. From year to year the leading companies of business aviation industry, from aircraft manufacturers to service companies, confirm their participation in this exhibition.
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