Aviation Fuel Management Essentials

3-day (24 hours) classroom course

Jet fuel is one of the largest costs in airline expenditure, therefore an important component in the management of an airline. In this course you will learn about the technical aspects of jet fuel so that you can monitor the quality and specifications of the fuel, examine the pricing formulae and pricing structure to enable airlines to choose the right supplier in a particular location, and fuel suppliers to better understand the priorities of the airlines. During this course you will follow the supply chain from the refinery to delivery into the aircraft, learn how to minimize fuel uplift, and understand the processes in place to ensure safety in the delivery of fuel by the fuel suppliers. You will learn how the tendering process works, how to develop best practices in the management of jet fuels, and explore factors affecting supply reliability, and safety.

Course code: ENC003VEEN02

Course format

• This classroom course provides 3 days (24 hours) of instruction delivered by an official IATA Instructor.
• Take this course at an IATA Training Center, Regional Training Partner, or on-demand as in-house training.
• Student performance will be based on an assessment.

Prerequisites

• Recommended level is Intermediate and Advanced.
• The recommended level of language proficiency is ICAO Operational Level 4 for courses in English or the equivalent level for other languages.

How to register

• When you click the Register button, you will be directed to log in to your Training Account.
• Register early and save up to 25% at our Training Centers! Please read the Terms and Conditions for the early bird discount.

In-house training

To arrange in-house training for your company, please complete the in-house training request form or contact the Training Specialist in your region.

Upon completing this course, you will be able to:

• Discuss the relationship between jet fuel and other transportation fuels such as gasoline and diesel
• Make decisions on issues related to fuel quality, safety, efficiency and the environment
• Assess the key factors impacting the jet fuel world, particularly the developing world of Sustainable Aviation Fuels
• Recognize the pros and cons for purchasing fuel at different stages in the supply chain
• Select the best jet fuel pricing and supply options for your airline
• Manage the fuel tendering process
• Recognize the opportunities for fuel conservation

The key topics that are covered during this course include:

• Overview of quality control
• Essential technical specifications
• Factors affecting jet fuel specifications
• Supply reliability, availability, and contamination
• Basic concept of Hedging
• Fuel efficiency: latest technological developments
• Basics of jet fuel pricing
• Stages in buying jet fuel
• IATA's role in the aviation fuel industry

Activities

• Presentation of IATA Fuel Supply Model Agreement
• Simulation of fuel tenders and decision making process

This course is recommended for:

• Fuel Purchasing and Planning Managers
• Fuel and insurance controllers
• Financial staff, including controllers, treasury officers and accountants
• Jet fuel suppliers

An IATA Certificate of Completion is awarded to participants obtaining a grade of 70% or higher on all exercises and exams. A special distinction is awarded to participants obtaining a grade of 90% or higher.