Allegro Development said that Southwest Airlines has selected the Allegro platform for fuel management across its entire supply chain which includes airports, pipelines, and storage terminals.
After conducting a comprehensive analysis of jet fuel management solutions, Southwest selected Allegro 8 to modernize logistics, streamline and optimize supply, improve inventory visibility, enhance data management, reporting, and analytics, and increase efficiency in the financial month-end close process.
“We´ve been working with Allegro since 2008, using its platform to manage our hedging program to mitigate our fuel price risk,” said Bill Tiffany, vice president of supply chain, Southwest. “When the time came to upgrade our legacy fuel management system, it made sense for us to evaluate Allegro´s capabilities to manage our physical jet fuel business on an integrated platform. Choosing Allegro more closely aligns our initiatives to minimize business costs and maximize profits.”
Now in its 45th year of service, Dallas-based Southwest Airlines (NYSE: LUV) continues to differentiate itself from other air carriers with exemplary customer service delivered by more than 47,000 Employees to more than 100 million customers annually.
Allegro is a leading provider of commodity management software for power and gas utilities; refiners, producers and traders of crude oil, refined products, soft commodities and ags; and industrial energy consumers.