aavg
AAVG, AvStar Aviation Group, Inc., AAVG.PK
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AAVG is a public company acquiring Fixed Base Operation Facilities (FBOs), Maintenance Repair and Overhaul Centers (MROs), primarily at second tier airports in order to consolidate the acquired facilities under a single, recognizable brand of aviation maintenance contractors looking to offer superior services in smaller airports located near major metropolitan areas.
An FBO or fixed base operator (also known as fixed base of operation), is the primary provider of services to general aviation aircraft and operators located at or adjacent to an airport.
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AAVG is focusing on acquiring and/or developing companies that provide products and services for the general aviation service business.
FBO are a necessity for the aviation industry.
Fuel is the largest component of revenue and profit for a FBO and the ability AAVG possesses to negotiate discounts for buying larger quantities of fuel will have a significant impact on the bottom line.
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Once AAVG has the first three FBOs acquired, AAVG will begin to see fuel discounts averaging 15-20%.
AAVG was formed to fill a void between major full service airports with maintenance centers, and smaller independent airports.
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