Economy of the United Kingdom

October 8, 2013 - 2:35pm

Air BP secured the first major Asia-Pacific client for its global fuel card when it signed a deal this week with Beijing-based aircraft management and charter operator Deer Jet. Under the agreement, Air BP is providing its Sterling Card for each of Deer Jet’s 62 business jets. The card’s “independent oil company status” will allow Deer Jet to purchase aircraft fuel worldwide. Further, Sterling Card benefits include 24/7 support from the global Air BP out-of-hours team, which provides response service for queries and access to its interactive paperless electronic invoicing system.

September 5, 2013 - 3:10am

Air BP has added fueling services for general and business aviation aircraft at two Spanish airports. At Palma de Mallorca’s airport, Air BP’s joint venture with Spanish fuel supplier SCLA will serve the island’s largest FBO, Mallorcair, 24 hours a day with dedicated Air BP staff and expanded refueling equipment. The company’s new installation at Don Quijote Airport near Toledo is GEN500 approved and JIG certified and is staffed by Air BP-trained employees. Both locations will accept the Air BP Jet Sterling Card.

August 16, 2013 - 2:00am

Aviation fuel supplier Air BP (Stand 5004) has been active in Brazil since 2002, and has seen continuous expansion since. Hand-in-hand with a growth in fuel demand is a growing need for proficient refueling operators, and to satisfy those requirements Air BP is establishing an Operators University at Campo de San Marte. This will complement the existing Omega training product already offered by the company.

August 14, 2013 - 2:35pm

Fuel supplier Air BP is establishing an Operators University at Campo de San Marte Airport in São Paulo. At the new facility, Air BP instructors will train personnel using a range of pneumatic and hydraulic training simulators, cutting tools and a representative aircraft wing to practice both regular refueling operations and safety procedures. Trainees are assessed during and after the course.

August 5, 2013 - 12:45am

Aviation fuel supplier Air BP has signed an agreement with Poland’s Grupa Lotos to form a 50-50 joint-venture company to manage the supply, logistics and marketing of aviation fuel in the country. As part of the deal, Air BP has purchased half of Lotos Tank, Grupa Lotos’s aviation subsidiary. Initially the new company, known as Lotos-Air BP Poland, will operate at Gdansk, Warsaw and Krakow airports.

June 25, 2013 - 3:10pm

Air BP signed an agreement today with Grupa Lotos to form a new 50-50 joint venture–Lotos-Air BP Polska–to manage the supply, logistics and marketing of aviation fuel in Poland to airline and general aviation customers. Alex Junge, Air BP’s performance unit leader for northern and central Europe, said general aviation customers will be able to use their Air BP Sterling card at all the new joint-venture locations. Air BP expects the deal to be sealed in the next six to eight weeks, subject to competition authority approval.

January 7, 2013 - 11:50am

Styling itself as “Africa’s first pan-African low-cost carrier,” Fastjet certainly looks like an airline in a hurry. Having opened its base in Dar es Salaam, Tanzania, only late last November, it now plans to launch operations in Kenya, Angola and Ghana this year, starting with five Airbus A319s it aims to acquire during the first six months of its expansion and 15 within a year. It also hopes to benefit from the wreckage of South Africa’s low-cost sector with its pending acquisition of defunct 1Time Airline.

November 12, 2012 - 12:10pm

A “comprehensive” plan unveiled Friday by International Airlines Group (IAG) to save its Iberia subsidiary from financial ruin calls for the company to cut 4,500 jobs, cut network capacity next year by 15 percent and eliminate 25 airplanes from the fleet.

January 17, 2012 - 4:15pm

The Royal Bank of Scotland Group has agreed to sell RBS Aviation Capital to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for some $7.3 billion, RBS announced today.

December 15, 2011 - 11:47am
EasyJet Airbus A320

Stelios Haji-Ioannou, who established and whose family retains almost 40 percent of British low-cost carrier (LCC) EasyJet, has partnered with UK entrepreneurs wanting to buy aviation companies.

 
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