Fuel
The rising cost of fuel has cancelled out many of the general cost reduction initiatives introduced by airlines. Hedging against future fuel price increases will only partly protect profits. The airpas fuel management module provides all the necessary functionality to accurately predict and manage volumes. airpas supports to verify supplier invoices, as well as to manage hedging variances through process and time.
Implementing airpas will give you the ability to predict uplift and burn volumes for different fuel markets and provide you with a tool to manage contracts. Supplier payment terms can be reduced to generate significant discounts, directly improving contribution margins per flight.
The information about fuel burn-off and uplift volumes is associated to your flight program and delivered from a source system. airpas supports multiple fuel uplifts from different suppliers and is able to process and check electronic invoices. Density figures are used to convert between fuel uplift and consumption.
airpas provides a fuel cost calculation based on fuel market prices, an individual basis per supplier or a combination of both.