According to several IATA and ICAO reports, fuel is one of an airline’s largest expenses; it can account for between 18-30% of its operating costs. Therefore, the careful management of fuel is a major concern for airlines and that is why most establish a commercial fuel management program. The aim of this program is to ensure that different business areas in the airline work together to plan, forecast, monitor and analyze the overall fuel demand, supply, consumption and expenditure.
