Geneva, Switzerland (May 24, 2016) – World Fuel Services announces the addition of two new purchase cards to the AVCARD® portfolio. The new Flight Department AVCARD is designed for Chief Pilots and Aviation Directors to control costs across their operations. The MRO AVCARD allows maintenance directors to better manage the unique requirements of aircraft maintenance. These new cards expand World Fuel’s suite of financial and flight operation tools delivering more ways to manage aircraft operational expenses.
“Our new MRO and Flight Department cards allow our customers to conserve cash and uniquely control new purchasing categories,” said Michael Szczechowski, World Fuel Services’ Senior Vice President, Business Aviation Sales. “Our customers need controls and visibility to keep on top of their aviation spending. We provide a variety of financial tools and support services to help them, which are all backed by World Fuel Services’ global acceptance and financial strength.”
Aviation charge cards are traditionally issued by aircraft registration number, making it difficult to track those expenses not pertaining to the aircraft. The new Flight Department cards are issued directly to the flight department, allowing operators to control expenses beyond the aircraft level. Purchases such as pilot training, connectivity subscriptions, association dues, and consulting are ideal for the card. The MRO AVCARD streamlines aircraft-on-the-ground maintenance and major repair final payments, putting control in the hands of maintenance directors and avoiding the expensive hassle of an ACH or wire transfer.
Operators can also maximize rewards points with the FlyBuys Rewards™ Program, as all aviation purchases with World Fuel Services are eligible for points – fuel, trip support, and now operational expenses and maintenance. Today, over 80 MROs accept AVCARD. As part of the launch, new leading companies have been added to the ranks of AVCARD merchants, including:
• Flight Training - FlightSafety, CAE Simuflite, and Simcom
• Hourly Cost Maintenance - Jet Support Services Inc.
• Satellite Data Access - Gogo Business Aviation
About World Fuel Services Corporation
Headquartered in Miami, Florida, World Fuel Services is a global fuel logistics, transaction and payment processing company, principally engaged in the distribution of fuel and related products and services in the aviation, marine and land transportation industries. World Fuel Services sells fuel and delivers services to its clients at more than 8,000 locations in more than 200 countries and territories worldwide.
The company's global team of market makers provides deep domain expertise in all aspects of aviation, marine and land fuel management. Aviation customers include commercial airlines, cargo carriers, private aircraft and fixed base operators (FBOs), as well as the United States and foreign governments. World Fuel Services' marine customers include international container and tanker fleets, cruise lines and time-charter operators, as well as the United States and foreign governments. Land customers include petroleum distributors, retail petroleum operators, and industrial, commercial, and government accounts. The company also offers transaction management services which consist of card payment solutions and merchant processing services to customers in the aviation, marine and land transportation industries. For more information, call 305-428-8000 or visit www.wfscorp.com.
Source: World Fuel Services Corporation
