Seattle, WA — FBO Partners, LLC, a Seattle-based FBO consulting firm, announces the addition of Todd Baumgartner as Senior Partner. Baumgartner, who formerly held the position of Senior VP of Acquisitions for the Ross Aviation network of FBOs, brings 19 years’ aviation experience to the growing consulting practice. FBO Partners President Doug Wilson notes, “Todd brings a wealth of knowledge to the firm that is simply without equal. His expertise in FBO operations, procurement, and mergers and acquisitions is truly remarkable and will be a valuable resource to clients of FBO Partners.”
Baumgartner’s aviation career began at Northwest Airlines, where he served in various roles in the contracts, finance, and ground operations departments. In 2001, he joined fractional provider NetJets, where he established and led the NetJets Fuel & FBO Relations Department. While he was at NetJets, his department negotiated more than 600 fuel supply agreements, resulting in annual purchases of over 125 million gallons of fuel from more than 2,100 FBOs. Baumgartner also developed the NetJets Dedicated FBO concept, negotiating long-term airport leases for NetJets at several key airports across the US. He rose to be Senior VP of Aviation Infrastructure and Services for NetJets before joining the Ross Aviation FBO network in 2013. In his first 14 months at Ross, he closed on 5 FBOs, expanding that FBO chain’s 2014 earnings before interest, taxes, depreciation, and amortization (EBITDA) by $10.25 million.
Says Baumgartner of the move, “I’m very excited to be joining FBO Partners and using my knowledge and expertise to benefit FBOs in their operations and negotiations with large fleet operators, as well as in the acquisition process. I’ve known Doug for years, and look forward to partnering with him to build the preeminent FBO consulting firm.” Baumgartner will practice out of Colorado for FBO Partners.
About FBO Partners
Founded in 2014, FBO Partners consults with fixed base operators on revenue optimization through professional asset management, advanced hangar and office leasing strategy, risk mitigation, marketing, media relations, and advocacy. For more information visit www.fbopartners.com
