November 13, 2012
ZHUHAI, CHINA – China Airlines has signed a five-year OnPoint Fuel & Carbon Solutions agreement with GE Aviation. Under this agreement, GE's Fuel & Carbon Solutions team will use proprietary decision software and fuel consulting expertise to help China Airlines identify and track operational improvements that could reduce the airline's fuel spend by an average of two to three percent.
"Since 2007 an inter-departmental fuel management task force at China Airlines has been working to produce fuel savings in flight operations," said Sun Huang-Hsiang, the President of China Airlines. "Nearly 30 fuel-saving measures have been developed encompassing operational planning, flight operations, aircraft maintenance and process control. China Airlines is currently a leader in fuel efficiency among Asia-Pacific airlines and we are continuing to make further improvements. Our energy resource conservation target for 2012 is to reduce carbon emissions by 11,054 tonnes."
"China Airlines is focused on improving the operations and fuel efficiency of its airlines," said John Gough, GE Aviation's Fuel and Carbon Solutions leader. "GE's Fuel & Carbon Solutions will help China Airlines reduce their overall cost of ownership while reducing emissions."
Fuel typically accounts for about 30 percent of an airline's expenses. With volatility in fuel prices over the last three years, airlines are looking for ways to manage this major portion of their cost base more effectively. Fuel & Carbon Solutions is one way for GE to work with its customers and develop effective fuel management solutions.
Part of GE's ecomagination portfolio, Fuel & Carbon Solutions deliver results through a three-step process:
-Operational evaluation: Identify and collect data on the airline's current fuel and carbon reduction programs, and quantify where the customer is today.
-Customized solution design: Further analyze data to isolate and prioritize potential improvements.
-Implementation support and verification: Work with customers to implement changes, and then measure and validate savings.
Founded in 1959, China Airlines is a full-service flag carrier of Taiwan, operating a fleet of 72 regional and international aircraft including Boeing 737-800s, 747-400s, Airbus A330s and A340s with upcoming deliveries of 14 A350s.
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings.