In the wake of turbulent times in the airline industry with burgeoning fuel costs eating up almost 40 per cent of operating costs for some carriers,this initiative is a step in the right direction for the industry. Airlines are seeking innovative methods to reduce operating costs by improving efficiencies in other internal areas of the business.
"This initiative will provide us with better information to improve business performance and reduce costs,which is essential in the current environment,"said Robert Palmer, CFO, Bmi.