December 2009

Skytanking Acquires Two Aviation Fuelling Companies in Italy

Skytanking purchases 100% of the shares in HUB Srl and PAR Srl from their current owners Esso Italiana Srl, ENI Rete Oil & Non Oil SpA and Kuwait Petroleum Italia SpA. The purchase of HUB and PAR is Skytanking's first move into the aviation fuelling market in Italy. HUB and PAR provide into-plane fuelling services at Milan Malpensa, Milan Linate, Rome Fiumicino, Naples and Palermo airports, fuelling over 200,000 aircraft per year and employing around 180 staff. The Skytanking network now comprises 26 airports in Europe, the U.S. and Asia.