World Fuel Services Expands Spend Management Tools

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