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Saker Aviation Services Inc   (SKAS)
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Saker Aviation Services Inc 's

Competitiveness


 

SKAS Sales vs. its Competitors Q1 2020



Comparing the results to its competitors, Saker Aviation Services Inc reported Total Revenue decrease in the 1 quarter 2020 year on year by -19.25 %, faster than overall decrease of Saker Aviation Services Inc 's competitors by -19.25 %, recorded in the same quarter.

List of SKAS Competitors





Revenue Growth Comparisons




Net Income Comparison


Saker Aviation Services Inc recorded net loss , as well as most of its competitors.

<<  More on SKAS Income Comparisons


Saker Aviation Services Inc 's Comment on Competitors and Industry Peers


The FBO segment of the aviation services industry is competitive in both pricing and service because aircraft in transit are able to choose from a number of FBO options within a 300-mile radius. The vast majority of FBO operators are independent, single location operators. We are the sole FBO at each of our current facilities. As such, we face no direct on-airport competition. However, we face competitive pressure on pricing and services from FBO facilities at other airports, depending on aircraft travel flexibility.

We plan to grow our business through both internal development of existing resources and facilities and through the potential acquisition of other related business. We anticipate that growing our business will provide us with greater buying power from suppliers and, therefore, result in lower costs. Lower costs would allow us to implement a more aggressive pricing policy against some competitors. We believe that the higher level of customer service offered in our facilities will allow us to draw additional aircraft traffic and thus compete successfully against other FBOs of all sizes. However, there can be no assurance that we will be able to compete successfully in the highly competitive aviation industry.





*Market share is not actual measurement, only performance comparison of companies which report and operate within the same segment.


SKAS's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME TICKER MARKET CAP REVENUES INCOME EMPLOYEES
Saker Aviation Services Inc SKAS 4 11 1 37
SUBTOTAL 4 11 1 37


       
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