1
December 2005
IATA Global Press Briefing
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Mitigating The High
Price of Fuel
Günther Matschnigg
Senior Vice-President Safety,
Operations and Infrastructure
•5 years ago fuel costs represented 10-15% of an airlines bottom line– today, it is 25%
•fuel costs has an enormous effect on profitability
•Our industry has started to measure every single opportunity to save fuel
•U nderstanding the cost drivers helps us all to help each other
•Let me tell you that no saving is too small. Airlines are counting their savings almost by the drop!