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Entries in fuel prices (10)

Tuesday
Jan292019

Annual FBO Fuel Sales Survey: 75% of FBOs Report Positive Fuel Sales in 2018

Results of our Annual FBO Fuel Sales Survey are in, and we are happy to report that 75 percent of FBOs responding to the survey experienced positive — increased or the same — fuel sales in 2018 compared to 2017.

This is the third consecutive year we have seen an increase in fuel sales by more than half of FBOs responding.

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Friday
Dec212018

Year-End Review: State of the FBO Industry in 2018

As FBOs begin to close their books, there is evidence that 2018 was another banner year for the industry, which experienced a peak in business aviation flight activity and wild fluctuations in fuel costs.

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Monday
Apr302018

FBO Operations Tip: Managing Your FBO Fuel Prices in a Volatile Market

No doubt you have noticed the increase in fuel prices. Since the beginning of year, Jet A has increased by more than 20 cents per gallon.

The impact on your FBO can be felt in cash outlay. For instance, if you recently purchased an 8500-gallon load of Jet A, you probably paid $1700 more than in early January.

If you haven’t been diligent about tracking fuel prices and adjusting your posted price along the way, a $1700 hit to the bottom line is substantial. What about increasing those contract prices that always seem to be too low?

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Tuesday
Feb062018

Survey: 53% of FBOs Increased Fuel Sales in 2017

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

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Tuesday
Jan302018

FBO Industry Update: Was 2017 a Watershed Year?

Prior to releasing the results of our Annual FBO Fuel Sales Survey and Industry Forecast for 2018, let’s compare how the FBO industry fared in 2017 to the forecast we made in February last year.

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