The International Air Transport Association (IATA) has announced that GOL and TAP Air Portugal are the first airlines to utilize IATA FuelIS, an advanced analytics solution for optimizing fuel consumption.
IATA’s roadmap for achieving net-zero carbon emissions suggests that technological advancements and operational efficiencies, which directly lower fuel consumption, are expected to contribute to around 10% of emission reductions by 2050.
Nick Careen, IATA Senior Vice President Operations, Safety and Security
”Fuel management is key for airlines. Depending on the prevailing price of jet fuel, it generally accounts for 25-30% of the cost base. On top of that, as airlines decarbonize, tracking and managing carbon costs—which are directly related to fuel consumption—will be a growing priority. Understanding how an airline is performing compared with industry peers using FuelIS can pinpoint potential efficiencies that reduce costs and improve environmental performance. The great support from 220 airlines contributing operational data on fuel consumption combined with continuously improving analytical capabilities makes FuelIS a very compelling tool,” said Nick Careen, IATA Senior Vice President Operations, Safety and Security.
Data Accuracy and Reliability
IATA FuelIS helps airlines evaluate the fuel efficiency of their aircraft and engines in comparison to industry averages. By utilizing real operational data, this tool provides valuable insights across various markets, regions, countries, and types of fleets. IATA FuelIS gathers data from the IATA Global Aviation Data Management (GADM) platform, which compiles information from the Flight Data eXchange (FDX) program. Currently, the FDX program includes fuel data from over 220 airlines worldwide, covering more than 8 million flights each year.
FuelIS works seamlessly with IATA’s Fuel Efficiency Gap Analysis (FEGA) by using data from FuelIS to help develop and monitor fuel strategies. Since 2005, IATA has partnered with airlines worldwide to identify potential annual reductions in fuel consumption totalling 4.76 million tonnes. This reduction results in savings of $3.8 billion each year.
TAP Air Portugal CEO Luís Rodrigues
“Fuel is a major cost driver for TAP Air Portugal. Managing consumption is an important priority for its cost implications and contribution to decarbonization. Every kilogram of fuel saved counts. The insights FuelIS provides help us measure the impact of our fleet modernization and our long-term transition to SAF. It also supports a fuel strategy more responsive to market and operational changes,” said TAP Air Portugal CEO Luís Rodrigues.
GOL COO, Albert Pérez
“Fuel is a significant cost factor for all companies and managing how we use it is always important and can be a significant competitive advantage. With FuelIS, we are equipped with data that helps us make better fuel decisions while benchmarking our progress against the industry. Joining FuelIS is yet another important step in our commitment to continuously improve our operations, ensuring high-level performance and focusing on cost reduction,” said GOL COO, Albert Pérez.
*Without taking hydrogen or electric-powered technology into account.
Leave a comment