UTC Secures License for Cost Control and Risk Management Services
/UTC has officially announced that it is now licensed to provide Cost Control and Risk Management services, further solidifying its expertise in the aviation industry. This new license underscores UTC’s commitment to delivering more than just flight support and aviation services coordination. At the heart of its operations lies a dedication to helping clients optimize their operating costs.
UTC’s approach to cost control goes beyond offering exclusive discounts, such as up to 60% off handling fees in Dubai. The company also provides direct fuel contracts across more than 20 countries, including regions in the Middle East, Europe, the CIS, and Africa. These initiatives are designed to deliver significant savings to operators.
A critical component of UTC’s services is its in-depth invoice auditing and verification process. According to UTC, an astonishing 63% of ground handling invoices contain discrepancies. The company identifies these issues and works with suppliers to ensure corrections are made.
Common Discrepancies Found:
Airport charges misrepresented as suppliers’ own services at inflated rates.
Services billed but never actually provided.
Overstated quantities on invoices.
To verify invoices, UTC employs a rigorous process. This includes cross-checking invoices against official tariff manuals and AIP (Aeronautical Information Publication) data, validating services directly with flight crews, and consulting independent experts when necessary.
While much of this work happens behind the scenes, the results are evident in the financial reporting of UTC’s clients. Airlines benefit from reduced operating costs and improved financial transparency, making UTC a trusted partner in aviation cost management.
For operators looking to maintain strict control over their expenses, UTC offers a proven solution. Learn more about their services at https://utc.aero/.
