Delta Air Lines plans to manage the volatile cost of jet fuel by getting into the oil refining business, an airline industry first. On April 30 the carrier said its wholly owned Monroe Energy subsidiary will acquire a refinery complex southwest of Philadelphia from Houston-based Phillips 66 for $180 million.
ConocoPhillips
Corporate Angel Network (CAN)–which flies cancer patients and their families to treatment using donated space on business jets–will receive a $21,000 donation here at the show. The money represents proceeds from an advertising campaign that recognizes corporate flight departments for their participation in the program.
The Hiller Group is rebranding FBOs in 12 central states as Phillips 66 fuel dealers under a new agreement with Conoco-Phillips. Hiller was distributing Chevron fuel in that region, but Chevron Global Aviation and Hiller “mutually agreed to discontinue Chevron’s supply in this region,” according to Chevron.
Eight oil companies have joined forces to conduct a $1 million helicopter safety study on the Norwegian continental shelf (NCS) over the next three years. The project, which focuses on the 2000-2010 period, will be carried out by the Sintef research foundation in Trondheim. In the 1990s, the accident risk corresponded to 2.3 fatalities per million occupant-hours flown.
Phillips 66 Aviation has reorganized its marketing and sales force as part of a broad-based effort to fortify customer relationships and develop new business opportunities. The reorganization brings a seasoned core of aviation industry veterans–from pilots and long-time fuel sales representatives, to fuel supply strategists and business development experts–to support company marketing initiatives.
In 1927, Oklahoma oilman Frank Phillips became enamored of aviation and put his money and his energy where his heart was. Now, 75 years later, Phillips 66 remains committed to aviation fuels and oils and is one of the most popular among refiners and distributors. Mark Wagner, Phillips 66 aviation manager, said, “We’ve been there through good times and bad, and we’ll continue to support our customers.”
A small percentage–about 20 percent–of the piston-powered fleet requires 100-octane fuel. Yet these aircraft burn about 70 percent of the total avgas volume, according to Allen Bretz, director of general aviation market at ConocoPhillips.
ConocoPhillips has redesigned its Web site to help pilots find Phillips 66 FBOs and allow FBOs to take advantage of new technology. For FBOs, Conoco-Phillips offers the new WebSmart 66 service, which allows FBOs to create their own Web site hosted on the Phillips system.