Airsavings employs a sophisticated group buying system to help mitigate cost, combining the purchasing power of several participating low cost and mid-sized carriers in order to obtain pricing on a wide range of goods and services comparable to that procured by their legacy competitors. The company has implemented this strategy successfully in Europe for nearly a decade, and has recently expanded its group buying services to Asia and Africa.

Each year, Airsavings organizes joint tenders for the purchase of over :
 
190 millions USG of fuel (280 airports),
 
12000 Handling movements (120 airports)
 
3000 hours Simulator time
 
8000000 pax for Travel Insurance
 
50 airport lounges all over Europe

By leveraging our corporate experience in purchasing and finance, Airsavings has brought to the airline industry a group buying concept already successfully utilized by the automobile, chemical and hotel sectors.
 
Cost Reduction

The average airline allocates between 40% to 70% of its revenues for strategic operating purchases. Cost reduction at any line item within this expenditure group translates directly to bottom-line increases, with correspondingly higher revenue equivalents.

While major carriers have developed complex, expensive systems to optimize this situation, many smaller airlines must seek an external solution. At Airsavings, we offer:

 
Affordable costs and flexibility
 
Transparency and neutrality
 
Competitive prices despite low purchasing volumes
 
Inclusion of every operational purchase category
 
Support of consultants experienced in purchasing in the airline industry
 
Electronic tools allowing the optimization of purchasing management