Aviation/Airline Fuel Management Software
| Company | FuelPlus Software GmbH |
|---|---|
| Date | 05.01.2012 |
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.
Fuel is one of the most volatile costs in the aviation industry, accounting for over 30 percent of most airlines’ total operating expenses. In order to manage this cost on a real-time basis it is critical to have access to timely, accurate data to facilitate decision making and address any other questions relating to fuel.
Today, Etihad Airways considers FuelPlus as the benchmark for optimising and automating its commercial fuel processes, monitoring and reporting emissions, and achieving transparency in its global fuel costs.
“Corporate fuel management is a complex task for any airline, especially fast growing global airlines such as Etihad Airways, but we have benefited tremendously from implementation of the FuelPlus system,” says Francois Oberholzer, Etihad Airways’ Vice President for Financial Planning & Analysis.
“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.”
“The system has proven itself to be extremely reliable with regard to the latter, in terms of allowing us to audit and comply fully with the format defined on the European Union ETS website for uploading our emissions reports.”
Aside from the cost savings of implementing the FuelPlus system, Etihad Airways also values the ease of use of the system. “Complex issues such as stock evaluation, forecasting volumes required at a particular point in time, and calculating fuel uplift are no longer the time consuming exercise they once were.”
“What FuelPlus has allowed us to do, is provide accurate calculations in the minimum of time, and this has had positive effects right across our business.”
Francois Oberholzer says to all who are contemplating the system: “It’s a very good system and one that Etihad Airways today could not be without.”
About Etihad:
Etihad Airways, the national airline of the United Arab Emirates, has in just eight years established itself as the world’s leading airline.
Set up by Royal (Amiri) Decree in July 2003, Etihad Airways commenced commercial operations in November 2003 and has gone on to become the fastest growing airline in the history of commercial aviation.
Abu Dhabi, the capital of the United Arab Emirates, is the airline’s hub. Etihad Airways’ fleet of 63 aircraft operates more than 1000 flights per week, serving an international network of 82 passenger and cargo destinations in 52 countries.
The airline seeks to reflect the best of Arabian hospitality – cultured, considerate, warm and generous – as well as enhance the prestige of Abu Dhabi as a centre of hospitality between East and West.
Etihad Airways has received a range of awards that reflect its position as the leading premium airline brand in the world, including ‘World’s Leading Airline’ at the World Travel Awards in 2009 and 2010.
For more information, please visit: www.etihad.com
