NBAA Outlines Strategies To Lower Fuel Costs

 - March 30, 2010, 11:53 AM

NBAA yesterday released a new white paper, “Ten Critical Strategies for Long-Term Fuel Savings,” that provides business aircraft operators with steps for saving money on aircraft fuel bills, both in the short term and long term. The white paper is free to association members and nonmembers alike. Opportunities to save fuel and reduce operating costs abound for business aircraft, NBAA said, which can potentially save business aviation operators thousands of dollars per year. “NBAA continually seeks ways to help business aviation operators minimize costs, and fuel is one of the largest variable costs of operating an aircraft today,” noted NBAA vice president of education, operations and economics Mike Nichols. “However, while the price of fuel may be out of your control, there are still tangible steps you can take to keep expenses down.” The white paper includes strategies such as comparing fuel prices at alternative destination airports and FBOs, calculating aircraft weight for maximum efficiency and determining if you qualify for a fuel discount, among other suggestions. According to NBAA, higher fuel prices are here to stay as “fuel production and refining costs will continue to keep wholesale and retail prices at levels never anticipated just two years ago.”