China Airlines has signed an agreement with GE Aviation to increase the fuel efficiency of its aircraft.
Under the contract, GE's Fuel & Carbon Solutions group will help China Airlines reduce fuel consumption by an average of 2% to 3%, using decision software and fuel consulting expertise.
Fuel & Carbon Solutions will identify and accumulate information on the current fuel and carbon reduction programmes. Subsequently, it will analyse data to further improve fuel efficiency, thereby helping in cost savings.
The Taiwanese carrier says fuel typically accounts for about 30% 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, says GE.