Even if it’s only going from one city to another, there is no doubt that getting on a plane and flying is both fun and memorable. Many people want to have a business in the aviation industry, but factors like a high startup and high insurance costs are significant debilitating factors. But even if you don’t have enough funds to buy or lease a fleet of aircraft, you can start an aviation business that will still give you massive ROI at the end of the year.
In this post, we have put together nine creative aviation business ideas that you can start and make good annual revenue. So, if you have been looking for a business opportunity in the aviation sector, this article is for you.
Profitable Aviation Business Ideas for You
#1: Aircraft repairs and maintenance
Aviation is a highly regulated industry. Aircraft crashes are fatal, and the primary reason this happens is because of poor maintenance practices. To curb this, authorities in the industry prioritize routine checking and aircraft maintenance. You can make a good business out of that by offering aircraft maintenance and repair services to a variety of clients.
However, to start this business, you will need the right tools and skilled employees to make it happen. But you can be sure it is a rewarding job that also comes with lots of perks, including taking planes out for a test-fly.
#2: Airplane consultancy
This is another aviation business idea worth mentioning. What you will be doing is to help new and established airlines achieve their common goal of reaching new markets every year. The business doesn’t require huge startup capital, but you will need good experience in a specific area of specialization on an airline operation. If you think you have what it takes to offer consulting services in the aviation industry, you will be handsomely rewarded.
#3: Aircraft washing
Just like taxis, buses, and even trains, aircraft also need regular washing to look clean and shiny. No one will want to board a dirty or stinking plane. That means there is always a constant demand for aircraft washing services. Your startup capital will depend on which airports you want a presence in and the types of planes you will be washing. You can start with small capital and gradually scale the business. However, factor in some important and necessary costs in your initial budget, including airport security clearances and licenses. You will also need some tools and supplies to get the job done.
#4: Aviation magazine publication
If you have a passion for the aviation industry and also loves writing, you can combine these two into one and start an aviation magazine publication. Doing this will give you the chance to detail all the latest news in the industry, review aircraft, and more in a monthly magazine.
#5: Aviation fueling services
This business has been in existence even from the time the aviation industry started. That means as long as the industry exists, there will always be a demand for this aviation business idea. Whether it is a private or commercial airline, everyone needs the service of a company fueling the aircraft. If you have enough capital and connections to the existing market, this will be the right business idea for you.
#6: Aircraft leasing
This aviation business is for a company that is willing to provide seasonal and flexible, short-term needs for an aircraft. In this business, you are also not limited to only aircraft leasing; you can also lease major aircraft components such as landing gear, engines, and auxiliary power units.
#7: Aircraft catering
If you have culinary skills and experience, you can combine that with your passion for the aviation industry to start an aircraft catering service. This will make a profitable business that will provide in-flight meals for both small chattered aircraft and commercial airlines.
#8: Aircraft parts sourcing
An aircraft is used every day. Most of its parts work for hours as the plane travels long distances. That means it is normal to have some parts of the aircraft wear out faster than expected and so need to be replaced. So think about supplying comprehensive solutions and quality spares for aircraft. You will be maintaining an inventory of new, repaired, and overhauled items and making them ready for shipment anytime and anywhere.
#9: Cheap flights finding services
This is a good aviation business idea you can run entirely online. You will need to set up a website where you provide visitors with the chance to find cheap flights. Make it easy for them to find and also book through your website, and you will get a commission on each sale. Now, imagine if you have millions of people using your website every month, you will obviously be making a good profit at the end of the month.
Profitable Aviation Related Business Ideas for You
#10: Helicopter transportation services company
Startup capital for starting an airline company can be very high. If this is not what you can afford at the time but still would love to be a part of the aviation industry, you can go for helicopter transportation services. There is high demand for this type of business, and you can make a good ROI from it.
There are some industries and companies that need this service so much. A good example is oil servicing companies. You can walk up to them to sign whether a short or long-term contract to transport their staff to and from offshore.
#11: Private jet charter services company
This is another aviation-related business idea you can venture into if you have the cash. It is both a thriving and profitable business that has high demand in the market. As a private jet charter company, the primary thing you do is to provide air transport services for certain passengers or cargo.
You will most times be subjected to your clients. You will always be available to move them any time they and wherever they want to fly to. This is different from what happens with commercial airlines, which have a fixed schedule of both time and destinations. Think of sightseeing scenic tour services; then, you will better understand what a private jet charter company does.
#12: Luggage delivery services
This is another aviation-related business that brings good ROI for your investment. If you have been having challenges entering the aviation industry, you should think of starting a luggage delivery service. This business is all about helping travelers have a more stress-free traveling by helping them take care of their baggage.
Your clients will just need to pack their baggage while they entrust it into your hands. You will be in charge of its security checks and even deliver them to them when all things are done. Since you are helping to make this more convenient for them, you can be sure you will always be in business making good money from the business.
#13: Start a blog talking about aviation-related topics
You don’t have to have a huge amount of money to enjoy profits in the aviation industry. If you love the industry and would like to write interesting things about it, you can start an aviation-focused blog. You can start this with a lot less capital. And you can make lots of money from blogging.
You only need to make sure you have useful and relevant content on your blog at all times. Before you know it, you will be attracting good traffic to the blog – traffic of people that are well connected to the industry. That way, you will be able to serve aviation-related advertising and deals on your site. That’s money!
#14: Start an aviation training school
For anyone to get into any part of the aviation industry, they have to obtain the necessary training and have the right capability for their profession. So if you have what it takes to run a standard and accredited aviation school, you can consider opening an aviation training school. With the proper licensing and permits, you can be sure of making good money from the business.
#15: Start an aviation software development company
This is a promising and profitable area of the aviation industry that only a few people have their eyes on. The industry needs specialized software apps to make things run at their best. You can key into that, start developing this software and make good money.
If you really know what you are doing and are able to develop unique software for the aviation industry, you can be guaranteed you will soon become an international brand. And, of course, that means a good income for you.
#16: Airport security services company
The airport is one place where security is very important. But if you have been to some airports, you will notice it is not only government security agents that provide security there. There is also some private security personnel that offers a helping hand in checking planes after every passenger has disembarked. These private security agents also ensure that the plane is safe and ready for the next flight.
So, if you are looking for a way to enter the aviation industry as an entrepreneur, starting an airport security services company will be a perfect choice.
Bottom Line
Aviation is a thriving business, and its continued existence continually opens doors to new businesses. You can key into any of these aviation business ideas and start making good money from them. Even if you don’t have much capital to start a business in the industry, the second part of the post was dedicated to helping you see some aviation-related business that can also bring you good money. Let us know which of these catches your attention more.
