Fuel
It is a known fact that fuel cost impact the overall direct operating cost of an airline the most. Therefore airpas also comprises a powerful fuel management system which provides all the necessary functionality to accurately predict and manage uplift and consumption volumes. airpas supports the verification of supplier invoices, as well as to manage contracts and hedging variances through process and time.
If you are using a tank farm our airpas fuel storage functionality helps you to monitor the fuel stock movements, to assess the value of the current stock based on a chosen fuel market price and to verify supplier invoices for deliveries to the tank farm.
The information about fuel burn 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. Thus supplier payment terms can be reduced in order to generate significant discounts, directly improving your contribution margins per flight.
airpas provides a fuel cost calculation based on fuel market prices, an individual basis per supplier or a combination of both.
The upload of fuel market prices from PLATTS and exchange rates from the European Central Bank relieves you from time-consuming data management.
