MySky, an AI-powered cost management platform designed specifically for the private aviation industry, is increasing its capability as a financial hub for business aviation charter operators and aircraft owners with the launch of MySky Procure.

In an industry-first, MySky Procure grants users complete visibility over all contracted and uncontracted suppliers associated with a business aviation flight, including fuel, airport and handling services. Its unique features allow users to easily compare market rates and to optimise financial processes.

Through an artificially intelligent (AI) cost database, MySky Procure presents an overview of a customer's spend for each flight destination, allowing dispatch teams to save time, avoid risks of hidden charges and benchmark costs, with search-engine like precision.

Chris Marich, co-founder, and global strategy director of MySky, says: “Business jet charter is a notoriously complex process, that often lacks the transparency that should exist within each transaction, leaving operators and managers regularly exposed to needless overspending. At MySky, we want our customers to understand the lifecycle of a cost. With our advanced AI ecosystem, we disclose every single cost related to each aircraft movement within a business and connect stakeholders across the industry to provide a complete financial picture.”