Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

Jetex and Estonia-based air charter and cargo operator Avem Aero are launching a software integration for automated fuel price tracking. This will help avoid miscalculations and cover risks caused by fluctuating fuel prices, the companies noted.

 


“Сonstant fluctuations in fuel prices are a huge pain for the ‘go-now’ carriers,” they said. “Earlier, the range of prices at different airports could vary within the limits of hundreds of Euros; now, the price can be 125 percent higher per ton. The level of risk grows proportionally if using bigger aircraft.”

 


Operators such as Avem Aero previously used the average fuel price&nbsp;to quote charter and cargo trips. But with the new software integration can use current fuel prices at the departure and destination airports to provide more accurate quotes.

 


“This integration correlates a lot with our all-in price policy. This means that nothing can affect the charter price if fundamental parameters do not change,” said Avem Aero managing director Nikolay Kurbanov. “Accordingly, it is important for us that the price is up-to-date to reduce financial risks. And this solution fits perfectly into our all-in price philosophy, when the client sees the full cost immediately, without hidden extra charges.”

 


Jetex also said the new feature will allow charter operators to choose technical-stop airports with the lowest fuel prices.

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

Jetex, Avem Aero Team on Integrated Fuel Price Tracking

The new software integration can use current fuel prices at the departure and destination airports to provide their customers with more accurate quotes.

2024 Corporate Aviation Leadership Summit

Charles Alcock

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

The Hong Kong-based operator now has almost 50 business aircraft

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Jessica Reed

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Amy Wilder

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Kerry Lynch

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

In this article

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