Implementing cost-effective solution to reduce fuel costs – AFRAA Fuel Purchase Committee 2024 tender programme on course
AFRAA Fuel Committee members converged at the AFRAA headquarters in Nairobi this week for the first round negotiation meetings for the year 2024/25 programme tender process.
Established in 2012, the AFRAA Fuel Project is the vehicle which members use to coordinate, facilitate and manage the joint purchase of fuel enabling participating airlines to reduce cost of fuel and favorable terms achieved through economies of scale. Currently there are 14 participating member airlines including:
- Air Botswana
- Air Burkina
- ASKY Airlines
- Astral Aviation
- Camair-Co
- Ethiopian Airlines
- Express Air Cargo
- Kenya Airways
- LAM-Mozambique
- PrecisionAir
- RwandAir
- South African Airways
- TAAG-Angola Airlines
- Uganda Airlines
The fuel programme, which runs on an annual basis, has achieved significant cost savings to the participating airlines since its establishment.