-LE BOURGET - TAM Airlines has signed an OnPointSM Fuel & Carbon Solutions agreement with GE Aviation. Using proprietary decision software and fuel-consulting expertise, GE’s Fuel & Carbon Solutions team will work with TAM to identify and track operational improvements that could reduce the airline’s fuel spend by an average of three percent.
“TAM has selected GE and CFM56* engines for their emission performance and fuel efficiency,” said John Gough, leader of GE Aviation’s Fuel and Carbon Solutions. “Now by using GE’s Fuel & Carbon Solutions, TAM can further reduce its fuel usage and help further reduce emissions.”
“We are focusing our efforts on reducing costs and increasing efficiency to offer our clients high-quality services. Managing our jet fuel consumption efficiently will not only enable us to reduce financial impact of our most significant expense, but will also improve our CO2 emission footprint, coping with our sustainability objectives. GE’s expertise in this field will help us fulfill our goals,” said Jose Zaidan Maluf, TAM’s Supply and Contract Vice President.
Fuel typically accounts for about 30 percent of an airline’s expenses. The volatility in fuel prices has prompted airlines to look for ways to manage this major portion of their cost base more effectively. Fuel & Carbon Solutions provides a way for GE to work with its customers and develop effective fuel management solutions.
Part of GE’s ecomagination portfolio, Fuel & Carbon Solutions delivers results through a three-step process:
Operational evaluation: Identify and collect data on the airline’s current fuel and carbon reduction programs, and quantify where the customer is today.
Customized solution design: Further analyze data to isolate and prioritize potential improvements.
Implementation support and verification: Work with customers to implement changes, and then measure and validate savings.