SAN CLEMENTE, Calif. — JetFuelX, led by pilot Jason Talley, has launched a new jet fuel price management tool for aircraft owners and corporate flight departments. Developed by pilots, the program is free and can be used on any mobile device.
“JetFuelX was built on a simple principle,” said Talley, founder of the company. “I wanted to have all my fuel card prices update automatically, be able to search them for the best price, and have fuel ordered in under 15 seconds.”
To save time and hassles associated with fuel cards, JetFuelX operates with most of the major fuel vendors in the industry to provide a searchable e-database of fuel prices. JetFuelX analyzes all the latest pricing data for all the cards and lets the pilot know the cheapest vendor in seconds.
To date, JetFuelX has more than 1,600 aircraft using the program, representing roughly 1,200 distinct owners/operators.
Talley added he plans to bring more efficiencies from the IT revolution to the aerospace industry. “Business practices today are reminiscent of 1995, and, by and large, the advances in productivity and efficiency we enjoy in our daily lives hasn’t been realized in aviation,” he said. “This is a first step towards rectifying that.”
Tracy Forrest, a CJ3 operator, describes the benefits of the new program: “As Amazon has done for retail, eBay has done for auctions, and Uber has done for taxis, JetFuelX will provide informed and educated pricing information to jet aircraft operators. It will take the mystery and secrecy out of fuel pricing.”
A virtual tour of the program is available at the JetFuelX website at JetFuelX.com.