Greenwich, CT, March 10, 2008 — Megadata Corporation announced today that Colt International has contracted for PASSUR data and software services to create more targeted, customized fuel programs for their worldwide aviation customers, and more detailed, precise, and timely operational support for its international and US-based flight operations.
“PASSUR Fuel Portal provides us critical support for our fuel program, helping us identify opportunities for our flight department, customer, and FBO partners,” said Harold Deavours, Vice President of Colt International. “PASSUR Fuel Portal also provides us tools that help us serve the flying customer better, through the most accurate real-time flight and airspace status tools for our operations department. We’re very pleased to be the first flight support services company to be on board with PASSUR and we’re looking forward to an exciting partnership.”
“Colt has been aggressive in implementing our tools and driving our technical team to provide additional product enhancements,” said Jim Barry, president and CEO of Megadata, which owns PASSUR. “Fuel services companies, as much as FBOs, airlines, and airports, need timely and accurate information presented in a meaningful way to improve their financial position.”
PASSUR Fuel Portal™ provides the latest advances in pricing fuel and maximizing volume for any organization selling fuel in the corporate market. Organizations can now instantly access relevant customer information to determine the right price based on live and historical customer behavior, and the maximum potential volume sale based on a sophisticated uplift algorithm. As with other PASSUR products, this new module combines the most accurate information with innovative decision support technology to improve the financial performance of our customers.
Colt will also use PASSUR tools which provide real-time flight, customer and airspace status for customer service and line operations through visual flight tracking and web dashboards.
About Colt International
Colt International is a leading edge flight support services company providing flight planning, ground handling arrangements, over flight and landing permits, airport slots, flight following, weather and NOTAMs, ground transportation, aircraft security, and fuel services. Colt contracts with multiple international refiners to provide fuel cost savings to corporate aviation around the world.