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The Leading Airline Industry System for Daily Fuel Management
As airlines seek every competitive advantage, a clear and efficient fuel management system is more important than ever. Every drop counts. Every invoice counts. Every contract must be as low as possible. Every chance to save money must be uncovered. And the analysis that supports airline planning must be as accurate as possible.
That's why FuelPlus' state-of-the-art software solutions have been developed in close cooperation with major airlines. Whether you are a major international airline or a regional carrier, FuelPlus can make your business more efficient. We offer a complete Enterprise Fuel Management product, as well as a hosted system for low-cost carriers or those looking for outsourcing fuel management. Contact us today for a demonstration.
"Fuel Management is a complex task in this globalized world and it is unimaginable how to accomplish it without FuelPlus."
Helmut Fredrich, Lufthansa VP Corporate Fuel Management
“We estimate that the system has allowed us to make substantial savings on fuel costs, in the region of US $6.5 million since inception, because of the way it automatically checks volume, pricing, invoice duplication and our compliance with the European Union’s Emissions Trading Scheme.”
Francois Oberholzer, Etihad Airways VP Financial Planning & Analysis
FuelPlus News
Etihad Airways went live with the FuelPlus Enterprise Fuel Management System in July 2008. The software is a key component in how the airline implements and operates sophisticated fuel management processes, allowing it to achieve substantial efficiencies in terms of aircraft operations linked to fuel consumption, fuel costs, and other financial planning requirements.
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FuelPlus ASP enables airlines to take advantage of FuelPlus' superior software solution and at the same time to reduce initial costs and implementation time by making use of FPS' hosted application service.
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SAA went live on the FuelPlus EU ETS Module at the end of August last year, and although not much time was left to familiarize ourselves with the system and prepare for compiling the 2010 reports required by the UK authorities, implementation was an extremely seamless process. It was pleasing to note that FuelPlus had been proactive well in advance in preparing airlines for what was coming and had catered ably for these requirements in the module.
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With airlines fuel budget hovering between 25 and 40 % of their operational budget and the airlines investing in new modern aircraft, airlines are trying to minimize this huge expense and still stay competitive.
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Industry News
Hungarian airline Malev said it doesn't have the financing to keep going, hours after the government took preparatory steps to restructure the loss-making carrier and protect it from bankruptcy proceedings.
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Moody's cut its rating of Australia's Qantas Airways by one notch to Baa3, citing pressure from high fuel prices, strong competition and a difficult operating environment. Moody's said its expectation for Qantas debt to EBITDA staying ...
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The European Commission this week took another technical step to bring all airlines using EU airports into its carbon trading scheme, following on from last year's court ruling that, despite opposition, the EU plan was legal.
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Crude prices eased a little yesterday with both WTI and Brent closing down about 75 cents. This week is packed with important economic data releases, with the US non-farm payroll data at the top of the list, followed by the ISM/PMI surveys in both t...
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Ryanair posted a net profit of EUR€15 million (USD$19.70 million) in the third quarter to December 31 as average fares rose 17 percent. The higher fares made up for a 2 percent fall in passenger numbers as the airline grounded 80 of its 270 plane...
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Oil prices ended last week on a firm note with WTI still around $100 and Brent at $111. As markets open today it would appear that this trend is continuing, which will feed through into jet fuel pricing with January up some 3.5% or 10 cents a gallon...
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Following the news that Catalan airline Spanair has officially ceased its operations, ELFAA member airlines have jumped to the rescue of passengers stranded from home, as a result of the suspension of Spanair's operations.
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Signs are now emerging of the enormous - and largely unanticipated - impact that China's airline industry will have on the international network as this decade rolls out. It will significantly tilt the world airline system.
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United Continental posted stronger-than-expected fourth quarter earnings and increased revenue, underscoring an industry-wide recovery.
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Delta Air Lines revealed a fourth-quarter profit that flew past Wall Street expectations this week, as the company's fuel hedging initiatives and higher fares helped offset a 20% jump in fuel costs. The sharp gains ...
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SkyNRG, the Amsterdam-based global market maker in sustainable jet fuel has supplied its first customer via a "fuel-from the factory " option made possible with U.S. partners EPIC Aviation and Boeing.
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Delta Air Lines revealed a fourth-quarter profit that flew past Wall Street expectations this week, as the company's fuel hedging initiatives and higher fares helped offset a 20% jump in fuel costs. The sharp gains came despite growing expenses for fuel that have ...
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Countries opposing a European Union law that charges airlines for carbon emissions should consider seeking waivers by adopting equivalent emission reduction measures, the EU's new envoy to India said yesterday. "There is space in the legislation t...
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Airbus said yesterday it had discovered more cracks in the wings of two A380 superjumbo aircraft but insisted the world's largest airliner remains safe to fly. It is the second time in as many weeks ...
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Southwest Airlines reported a quarterly profit that topped estimates as higher fares helped blunt rising fuel costs, and its shares rose nearly 3 percent yesterday. Fourth-quarter net income at Southwest was USD$152 million, compared with USD$131 million...
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Olympic athletes and spectators might be counting down to the July 27 opening ceremony of the London Games, but Heathrow Airport managers are focusing much of their attention on the day after the closing ceremony. This is because though athletes an...
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REDjet , the first and only Caribbean low-cost carrier, is aiming to pursue dramatic expansion in 2012 with up to eight new destinations. The ambitious and pioneering carrier, which launched services in May-2011, plans to add thr...
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See our News section to find further news.