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Entries in IATA Jet Fuel Price Monitor (2)

Thursday
May242018

Strategic Fuel Purchasing: Time Your Fuel Purchase to Maximize Your Margin

Time your fuel purchase to maximize your margin. We teach strategic fuel purchasing at our NATA FBO Success Seminar. The technique is a process of knowing how aviation fuel is priced in your region and when to make the fuel purchase.

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Monday
Apr302018

FBO Operations Tip: Managing Your FBO Fuel Prices in a Volatile Market

No doubt you have noticed the increase in fuel prices. Since the beginning of year, Jet A has increased by more than 20 cents per gallon.

The impact on your FBO can be felt in cash outlay. For instance, if you recently purchased an 8500-gallon load of Jet A, you probably paid $1700 more than in early January.

If you haven’t been diligent about tracking fuel prices and adjusting your posted price along the way, a $1700 hit to the bottom line is substantial. What about increasing those contract prices that always seem to be too low?

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