Skytanking Enters UK Into-Plane Fuelling Market through Acquisition of 51% of North Air
BP will retain a 49% shareholding in North Air, which provides into-plane fuelling and jet-fuel storage management services to BP and other oil companies at 17 airports in the United Kingdom, including Edinburgh, Glasgow and Manchester.
The acquisition of the majority share in North Air and entry into the UK market is one more step towards Skytanking's goal of being the preferred partner for oil companies that are reviewing their direct involvement in aviation refuelling operations in Europe and elsewhere.
Skytanking and BP look forward to developing North Air's presence in the UK fuelling market while maintaining the company's existing reputation for excellent safety and operational standards.
Skytanking is a subsidiary of Marquard & Bahls AG of Germany, a leading independent petroleum company, and is active in all fields of aviation fuelling. Skytanking handles 10 billion litres of aviation fuel and refuels 850,000 aircraft per year. Skytanking provides a full range of services including building, owning and operating aviation fuel facilities and providing into-plane services to airlines, airports and oil companies. The company now operates at 46 airports in 13 countries in Europe, the USA, Africa and Asia. www.skytanking.com