Airlines Embrace IATA's Cutting-Edge Fuel Management Tool

GOL and TAP Air Portugal have been the pioneering airlines to implement IATA's FuelIS, a sophisticated analytical system aimed at assisting carriers in optimizing their fuel usage and enhancing ecological efficiency.

As per the declaration made by IATA, FuelIS assists airlines in pinpointing operational inefficiencies and enables them to make informed choices based on data. This ultimately helps in decreasing both fuel expenses and carbon emissions.

The organization's plan for achieving net-zero carbon emissions shows that around 10 percent of the required emission reductions by 2050 will be due to advancements in technology and improvements in operations.

As stated by Nick Careen, IATA’s Senior Vice President of Operations, Safety, and Security, "Managing fuel is crucial for airlines; based on the current jet fuel prices, it typically represents between 25-30 percent of their overall costs."

Moreover, as airlines work towards reducing their carbon emissions, effectively monitoring and handling carbon costs—costs closely tied to fuel usage—will become increasingly important. By utilizing FuelIS, one can assess how well an airline is doing relative to its competitors, thereby identifying possible efficiency improvements that lower expenses and enhance ecological performance.

The excellent backing of 220 airlines providing operational data on fuel usage, along with continually enhancing analytical abilities, positions FuelIS as a highly attractive solution.

One of the pioneering airlines, TAP Air Portugal, highlighted the strategic importance of the tool for controlling fuel expenses and advancing their environmental objectives.

The CEO of TAP Air Portugal, Luís Rodrigues, stated that "Fuel represents a significant expense for TAP Air Portugal. Efficient management of this resource is crucial due to its financial impacts and role in reducing carbon emissions. Each kilogram of fuel conserved makes a difference. The information provided by FuelIS assists us in assessing the effects of updating our aircraft fleet and transitioning towards sustainable aviation fuels over time. Additionally, it aids in developing a fuel strategy that can adapt swiftly to shifts in the market and operations."

GOL Airlines expressed comparable views, emphasizing the significance of data-driven fuel management for achieving both cost reductions and superior operations.

Albert Pérez, the Chief Operating Officer at GOL, emphasized that "Fuel constitutes a major expense for every company, making efficient management of this resource crucial and potentially providing a substantial edge over competitors. Through FuelIS, we now have access to valuable data which aids us in making more informed choices about fuel usage and allows us to measure our advancement relative to sector standards. Becoming part of FuelIS marks another key milestone in our dedication to enhancing operational efficiency, maintaining top-tier performance, and concentrating on reducing costs."

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