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FBO: Fixed-base operator, which represents a large majority of the air charter industry. By definition at a permanent location, this is a vendor of services, maintenance, fuel, flight instruction, and aircraft sales, in addition to charter.

fleet manager: A commercial aviation entity developed to subcontract the maintenance and operation of corporate aircraft, which are often chartered out to the general public.

flight time: That portion of the trip actually spent in the air. For billing purposes this definition is generally strict and only applies from moment of lift-off to moment of touch-down.

floats: Pontoons, or flotation devices, that enable an airplane (or helicopter) to land on water.