Browse > Home / Aeronautics News / GE Completes Acquisition of BMB Fuel

GE Completes Acquisition of BMB Fuel

Written by thomas · Filed Under Aeronautics News 

January 5, 2010

thomas

EVENDALE, OH – Jan. 4, 2010 – 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.

“GE Aviation’s customers will truly benefit from GE’s fuel and carbon
services enabled by BMB Fuel’s capabilities,” said Tom Gentile,
President & Chief Executive Officer of GE Aviation Services.
“Integrating this team with GE Aviation’s flight operations, systems and
engineering teams will enable us to identify fuel savings on a single,
integrated platform and work together with airlines to develop
innovative solutions.”

“With the growing interest in Software as a Service applications, our
Fuel Decision Support platform will help drive strategic growth for GE
Aviation,” said Bob Kelland, President and Chief Executive Officer of
BMB Fuel. “We are proud to be joining GE Aviation, which has a heritage
of the highest standards of quality, efficiency and customer support.”

BMB Fuel has developed a fuel decision support solution and service that
enables airlines, civil aviation authorities, military organizations and
other large consumers of fuel to manage fuel supply, conservation and
handling.  BMB Fuel’s capabilities will be integrated into GE’s fuel
services program and will focus on helping customers reduce their cost
of ownership, fuel consumption, and emissions. This integrated program,
led by GE Aviation’s Services organization, will combine GE’s technical
expertise in flight operations with its engine and aircraft systems
technologies to identify and provide cost saving opportunities, as well
as validate the cost saving programs implemented.

» Próximo Post - DART Helicopter Services and Flight Management Systems Partner To Provide Digital Moving Maps
« Post Aneterior - A PILATUS PC-12 NG FOR PHILANTHROPY

Comments

¿Tiene algo que decir?

You must be logged in to post a comment.