IATA introduces FuelIS, a new analytics tool to help airlines optimize fuel consumption, reduce costs, and improve environmental performance.
The International Air Transport Association (IATA) has announced the launch of IATA FuelIS, an advanced analytics solution designed to optimize airline fuel consumption using aggregated and anonymized flight and fuel data.
“IATA FuelIS is a robust analytical tool for airlines to make both strategic and operational decisions to optimize fuel consumption, reduce fuel costs, and improve environmental performance,” said Nick Careen, IATA Senior Vice President Operations, Safety and Security.
Key features of FuelIS include:
- Fleet Fuel Efficiency Assessment: Analyze the fuel efficiency of various aircraft types by comparing fuel burn per Operational Tonne-Kilometer (OTK) with industry averages.
- Airport Benchmarking Analysis: Measure and benchmark fuel quantity at landing against other airlines at the same airport.
OEMs can use FuelIS to gauge the fuel efficiency of their aircraft or engines against industry averages, gaining valuable insights into specific markets, regions, countries, and fleet types based on real operational data.
IATA FuelIS leverages data from the IATA Global Aviation Data Management (GADM) system, sourced from the Flight Data eXchange (FDX) program, which includes fuel data from 215 airlines worldwide, ensuring high accuracy in its insights.
Fuel represents nearly a third of an airline’s operational expenses. Since 2005, IATA has worked with airlines to identify fuel-saving opportunities, and IATA FuelIS will further support this goal.
(SOURCE: IATA)
