GE Aviation has completed the acquisition of BMB Fuel Consulting Services, Inc. (BMB Fuel), a privately owned, Ottawa-based supplier of fuel consulting services used primarily to identify and track operational improvements for airlines that reduce fuel consumption. BMB Fuel’s expertise and fuel management software broaden GE’s existing fuel and carbon offerings to aviation customers.
Fuel typically accounts for more than 30% of an airline’s expenses, and with volatility in fuel prices over the last two years, airlines are looking for ways to manage this major portion of their cost base more effectively. BMB Fuel brings GE Aviation capabilities that will enable a comprehensive fuel and carbon consulting service. Using BMB Fuel’s unique Aviation Fuel Decision SupportSM software platform, GE Aviation will help customers address fuel conservation, on-time performance, and carbon compliance reporting and monitoring by integrating aircraft data, flight operations and flight planning information, and other key operational elements. This solution will help identify and prioritize strategic opportunities, monitor progress and track results.
