Press Release

Issued by iFuel.

July 26, 2021

Swiss-headquartered fule services provider iFuel AG has expanded its VAT programme and can now provide zero-rated fuel for commercial operators refuelling in France. The fuel supplier believes this will introduce new benefits for its clients and prove its services to be more advantageous.

iFuel has now fully registered its VAT programme in France, providing VAT exemptions to its eligible customers. Today, commercial operators in France can get zero-rated fuel from the provider. This will lower clients’ expenses on jet fuel, which in combination with iFuel’s pre-existing crediting system and round-the-clock customer support will render its services even more affordable and appealing to its clients. In addition, iFuel works directly with fuel producers, bypassing all unnecessary interest and fees emerging from reselling the fuel between several brokers. This thoughtful cost reduction along with its fuel now being zero-rated in France provides another incentive for French operators to choose iFuel.

“It will make us more competitive on the French market,” says Rinad El-Rabaa, iFuel’s founder and CEO. “Our main focus is and has always been to provide our clients with the best of service. And now we are able to do so by adding another way we can save our customers’ money on fuel supplies. Our existing VAT programme already included Switzerland, but now we are thrilled to announce that we have expanded our VAT registration to France. The VAT programme is crucial for us and all of our clients. Therefore, we are putting all our efforts into extending it to provide zero-rated fuel all throughout Europe, and later the rest of the world. Although it takes a lot of time to get registered, we are quite determined and proud that our company is growing.”

The fuel provider proactively seeks to expand its horizons by expanding its VAT programme into more countries. With both Switzerland and France now fully enjoying the benefits of zero-rated fuel, iFuel doesn’t plan to stop scaling up anytime soon, and a number of other countries will be added to this list in the nearest future.

iFuel is a young aviation service provider with headquarters in Zug and representative offices in Barcelona, London, Moscow and Dubai. The company focuses on providing aircraft refuelling services to its clients all around the world. It has also recently introduced trip support services available for all of its clients with 24/7 assistance. iFuel’s main mission is to promote aviation sustainability and help achieve it by offering sustainable aviation fuel to its clients.