“The integration of Platts data via Skymetrix offers a transparent, comprehensive and user-friendly solution to airlines when it comes to managing fuel operations. “
Joerg Gerth, Vice President, Channel Partners at S&P Global Commodity Insights
Skymetrix and S&P Global Commodity Insights (SPGCI) have today entered into a unique strategic agreement. This will enable more airlines to use Platts’ jet fuel index data to manage their fuel effectively, and to do so in a compliant way. This agreement with SPGCI is a first for the airline software industry.
Skymetrix CEO Michael Scheidler said: “We’re incredibly excited about this collaboration, which enables seamless and compliant out-of-the-box integration between Platts’ fuel indexes and the Skymetrix fuel management platform. It means we can ensure our customers always have access to the latest fuel prices for forecasting, contract management and invoice checking. Importantly, this collaboration also offers smaller airlines a more affordable way to transform their fuel management processes with Platts’ data.”
Under the agreement, smaller airlines will benefit from access to Platts’ data for a fraction of the normal price. Bespoke packages can now be resold by Skymetrix, offering these airlines daily feeds from just the fuel indexes they need.
In addition, as a certified user of Platts data, Skymetrix can now take over the monthly compliance reports required by Platts, reducing the burden on all airlines.
“The integration of Platts data via Skymetrix offers a transparent, comprehensive and user-friendly solution to airlines when it comes to managing fuel operations. In a dynamic world where ESG commitments are at the core of all business decisions, Skymetrix and Platts data bring together insight and confidence to our joint clients”, says Joerg Gerth, Vice President, Channel Partners at S&P Global Commodity Insights.
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If you would like to find out more about this agreement and how your airline could benefit, please contact us.
About SPGCI
S&P Global Commodity Insights provides a complete view of the global energy and commodities markets. The company provides respected benchmarks, perspectives and solutions, enabling its customers in aviation to make decisions with conviction and create long-term, sustainable value. The Platts Global Jet Fuel Index is a weighted average of Platts jet fuel assessments from major global trading, supply, and demand centres. The weightings in the index represent a broad view of proportional demand for jet fuel around the world, helping customers zoom in on the near term and zoom out for the big picture. S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI).
