It’s no secret how the aviation industry has long been thriving amidst challenges. Because of this sector, it’s now easy to travel from one place to another. As a result, the world has now become smaller and smaller.
Sure, the aviation sector has taken a backseat due to the COVID-19 pandemic. However, there’s no sign of stopping for the industry. It appears that it’s gradually bouncing back to its normalcy. For sure, it will continue to thrive after the pandemic and in the years to come.
As such, it’s a good idea to invest in aviation and start a small business in the industry. It doesn’t necessarily have to be grand and lucrative like launching a commercial airline. There are other aviation business ideas you may consider.
That said, here are seven startup ideas in aviation for you:
1. Private Jet Charter
Did you know that the private aviation business has flourished during the pandemic? As several countries imposed lockdowns and travel restrictions, private aviation businesses have come to the rescue. They’ve offered jet flight services to wealthy clientele such as business executives, top officials, and other frequent travelers.
In fact, the crisis has turned many travelers into private flyers, which will continue to happen in the years to come. It appears that the pandemic has redefined the business landscape in aviation. Hence, launching a private aviation business can be a good idea.
2. Aviation Consulting Service
The world of aviation can be a complicated industry. Let’s take, for instance, running a commercial airport. There are tons of things to consider, from working with commercial airlines to investing in tools and technologies to catering to the passengers’ needs. That’s where an aviation consulting service comes into the picture. If you have aviation knowledge, skills, and expertise, you may want to offer this service. As long as you know the ins and outs of the industry, your business will flourish.
3. Aircraft Fueling Service
The world heavily relies on fuel for power and electricity. It applies to the aviation industry as well. As with any transport mode, the aircraft won’t work without this. As any airline or airport needs fuel, offering an aircraft fueling service can be a good business. As such, you can cater to both commercial and private airlines. However, you need to have industry knowledge, work with a fuel supplier, and set enough capital to get the business off the ground.
4. Aviation Washing Service
The aviation sector needs washing services to promote cleanliness in the area. One, aircraft needs to be washed regularly to keep it in top shape and working condition. However, even the airport itself and the things within the premises need to be cleaned and maintained. As such, it’s a good idea to offer washing services in aviation. You may specialize in cleaning aircraft itself or offer to power-wash the airport.
5. Aircraft Maintenance Service
Aside from an aviation washing service, it’s a good idea to provide aircraft maintenance services. An aircraft is a complex piece of machinery that needs to be regularly inspected and maintained. Should there be minor issues, they must get quickly addressed. The ultimate goal is to promote the utmost safety of the aircraft itself and the passengers when flying. Hence, consider offering an aircraft maintenance service.
6. Aviation Parts and Tools Sales
While the aircraft itself is already complicated machinery, various physical aspects of an airport are complex too. However, there are tons of things you can sell in the industry. For one, you can put aviation parts out in the market used for manufacturing an aircraft. Two, you can invest in digital tools and technologies in aviation. One example is the use of P-SRAM products for aviation and aerospace applications. Lastly, you can specialize in one thing or sell various parts and tools in aviation.
7. FBO Sales and Marketing Services
The last on the list is venturing into sales and marketing in aviation. One startup idea is to launch your fixed-base operator (FBO) business. Know that FBO is a business enterprise given the right to operate at an airport. It provides aeronautical services like fueling, aircraft maintenance, flight instruction, and aircraft rental. But on a more specific note, you may consider getting into FBO sales and marketing.
At this point, you now have robust business ideas in aviation. Consider one of the startups recommended above, from private jet charter to aircraft maintenance service to aviation school. However, be sure to factor in your aviation knowledge and skills, finances and budget, as well as passion and line of interest. With all these in mind, you’ll be able to decide on the right small business in aviation. Ultimately, you’ll be able to launch your startup in the right direction.
