System and method for auction based sales and procurement of geographically dispersed aviation fuel and services

A computer-based reverse auction method for the sale and procurement of aviation fuel and services from geographically dispersed fixed base operators (FBOs) to geographically dispersed aircraft operators comprising the steps of:

• utilizing an array of multiple computers in communication over a global computer network, said computers comprising geographically dispersed aircraft operator computers operated by distinct aircraft operators, geographically dispersed FBO computers operated by distinct FBOs, and an auction system server, said auction system server having operational software for implementation of the method;
• receiving on said auction system server a Request For Quote (RFQ) from one of said aircraft operators, said one of said aircraft owners being a requesting aircraft operator, said RFQ providing information as to possible destination airports, fuel requirements and any other desired services;
• distributing said RFQ by said auction system server to suitable FBOs as determined by the RFQ information;
• receiving submitted price quotes from said suitable FBOs on said auction system server;
• delivering from said auction system server said price quote submissions from said suitable FBOs to said requesting aircraft operator;
• receiving on said auction system server a selection by said requesting aircraft operator of one of said suitable FBOs;
• and
• communicating from said auction system server to said selected FBO notification of the award of said RFQ to said selected FBO.