Almost every airline I know is using some kind of fuel software. This is quite logical. On the one hand, fuel still represents a huge cost factor for airlines. On the other hand, there’s a whole bunch of fuel software available on the market. And every fuel software aims for different goals when it comes to fuel efficiency.
Why Airlines Should Go For Another Fuel Software?
Airlines are undergoing super-tough times at the moment. The CORONA crisis hits almost every airline in one or another way. And as always is such situations, cost-cutting and saving programs are on top of the agenda.
Call me crazy, but I think that this is exactly the right time to start exploring the potential of Electronic Fueling and related fuel software. I already wrote some articles about how Electronic Fueling and the fuel software behind works. On top of that, there are many post available about the related benefits. Check out these blog posts to learn more about Electronic Fueling and fuel software.
With this post today, I want to provide a more personal view. My thoughts why I think the timing is right for airlines to go all-in with Electronic Fueling.
A Fuel Software That Directly Realizes Cost-Savings And A Fast ROI
The crazy thing about a Electronic Fueling is the fact that it generates savings right from the beginning. Once an airline uses this fuel software it doesn’t take months or years. On the contrary, due to reasonable setup costs, a positive ROI can be achieved super-quickly.
That means Electronic Fueling helps to secure the bottom-line, especially during these challenging times — within a very short time.
From a financial standpoint, the related risk is very low.
Many Electonic Fueling solutions offer monthly subscription models. Accordingly, no substantial initial investment is needed. And that’s exactly why I think deploying this type of fuel software project during these challenging times is still reasonable and makes sense. I would even go that far and call it a “must” when looking at the potential savings.
Perfect Time To Change Processes
From discussions with airlines, I observed two things: Many of them stopped large, cost-intensive projects, and many reduced the number of flights and. parked aircraft.
Super-bad situation for the airline. Nonetheless —and sorry to say that— an optimal situation to start with Electronic Fueling and the implementation of a fuel software. First of all, manpower shouldn’t be a problem. Secondly, it is much easier to implement such a process in less operations-intensive times.
Savings Increases Once The Operation Is Going Back To Normal
Implementing a fuel software and setting up Electronic Fueling during these times can be compared to investing in a widely underpriced stock. Although you achieve positive results right from the beginning, savings will steadily grow once operations are back to normal and start growing again.
And here’s the fun part: You don’t have to do anything then. Just like a stock price that is increasing. You can lean back and count the dollars the fuel software saves.
My Clear Advice: Start Exploring Electronic Fueling Now!
Summarized, I really think that there’s no better time to start with Electronic Fueling and to deploy this fuel software. I strongly advise airlines to start exploring this field — you will regret it in a few years if you don’t do that now.