GE Aviation has been awarded a contract by AirAsia to provide fuel and carbon solutions to reduce its fleet's fuel consumption and emissions.
Under the contract, GE will provide its decision software and fuel-consulting expertise to assist the airline in detecting and tracking operational enhancements, which could improve the fuel economy of the airline.
GE Aviation fuel and carbon solutions leader John Gough said that AirAsia had experienced rapid growth since 2001, with some 200 CFM56-5B-powered Airbus A320 aircraft in service and an additional 150 CFM56 and 400 LEAP engines on order.
"With fuel and carbon solutions, GE will work with AirAsia to help the airline enhance its operations and reduce the airline's fuel spend by about 3%, which can equal significant savings on the expanding fleet," Gough added.
According to GE, on an average, fuel accounts for about 30% of an airline's expenses and the unstable fuel prices have encouraged airlines to opt a solution for managing their fuel expenses.
AirAsia chief operations officer Bo Lingam said: "GE's fuel and carbon solutions provides a highly sophisticated IT platform to allow our team to make accurate comparisons of the effectiveness of our operational procedures with real fuel and emissions data."
As part of GE's ecomagination portfolio, its fuel and carbon solutions team will initially identify and gather information regarding airline's current fuel, as well carbon reduction programmes and measure the customer's current position.
The solution will further examine data to cut off and according to the relative importance provide potential enhancements.
Finally, the solution will implement required alterations and then measure and authenticate savings.
Image: AirAisa's operational fleet consists of 200 CFM56-5B-powered Airbus A320 aircraft. Photo: courtesy of Airbus.