FBO Partners, LLC, a Seattle-based FBO consulting firm specializing in professional asset management, advanced leasing strategy, business analytics, risk mitigation, and advocacy announces the start of business operations. Founded by Douglas Wilson, an FBO industry veteran of more than 20 years’ experience, FBO Partners consults on real estate revenue optimization for Fixed Base Operators, through an emphasis on professional hangar and office subleasing.
Wilson notes, “For many FBOs, hangar leasing has been viewed- quite accurately for the most part- as an opportunity to create stable fuel sales for an FBO through its based tenants.” To that end, he continues, “…the very process of leasing gets lost in the noise of the day-to-day operations of the FBO. By contrast to the competitive approach and business analytics FBOs associate with fuel sales, there simply isn’t the same emphasis placed on leasing.” FBO Partners proposes an outsourced approach for the asset management function of hangar leasing, adding that benefits such as “better risk mitigation, increased revenue and greater situational awareness of an FBO’s real estate holdings are more fully realized.”
Prior to forming FBO Partners, Wilson was the Director of Business Development and Marketing for Galvin Flying Services, one of the largest and most respected independent FBOs in the country. During his tenure with Galvin, Wilson created and refined methods to lead Galvin’s hangar and office space to effective capacity through both the turbulent recession and a major hangar construction project.
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About FBO Partners
Founded in 2014, FBO Partners consults with Fixed Base Operators on revenue optimization through professional asset management, advanced leasing strategy, business analytics, risk mitigation, and advocacy. For more information visit www.fbopartners.com