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Thu, Mar 05, 2020

World Fuel Services Completes Its Acquisition Of UVair

Now The Exclusive Contract Fuel Provider For Universal Weather And Aviation

World Fuel Services has completed its acquisition of the UVair fuel business from Universal Weather and Aviation, Inc. In addition, World Fuel is now the exclusive contract fuel provider for Universal Weather and Aviation.

UVair customers will realize a number of benefits as a result of this acquisition. They will become part of the World Fuel Network, gaining participation in World Fuel Rewards and the ability to purchase fuel at more contract locations at competitive rates. UVair customers will be able to add AVCARD by World Fuel to their portfolio. AVCARD supports aviation retail purchases on everything it takes to operate a jet, including retail fuel, ground handling, flight training, maintenance, catering and more. When using World Fuel’s cards, all invoices can be consolidated with line item detail across all network transactions. This merged data set provides unparalleled insight into aviation spending.

FBOs gain access to more flight departments with the addition of new UVair customers. Using the World Fuel Network’s marketing tools and World Fuel Rewards, FBOs can market their locations to the expanded audience. For example, they can use points to reward loyalty to flight departments or promote special events at their facilities.

“UVair Fueling Card holders and FBOs will benefit from an expanded offering like new technology and access to AVCARD,” said Michael Szczechowski, senior vice president, business aviation sales – global. “Our goal is to make our customers’ lives easier. We build advanced tools, like myWorld and Schedaero, and provide more methods to purchase, which are all connected to the World Fuel Network.”

As part of integrating the brands, World Fuel will be issuing a new contract card design called the World Fuel | UVair Contract card, which incorporates both the World Fuel Services and UVair brands. This card will work like the World Fuel Contract card and cardholders will benefit from the same rewards and global acceptance. The new card, also known as the “New Black” card, will be provided to heavy UVair Fueling Card users as well as issued as a replacement for lost or expired UVair cards.

“The UVair Card and UVair name are well-respected globally, and we value this heritage and broad acceptance,” said Malcolm Hawkins, senior vice president, business aviation sales – North America. “UVair customers joining the World Fuel Network will enjoy a world of unparalleled benefits and capabilities. From competitive fuel prices to rewards points and the New Black card, flight departments will get increased value on every gallon purchased in our network. Our expanded solutions will help them manage their aviation operating costs and improve their operations.”

(Source: World Fuel Network news release)

FMI: www.wfscorp.com

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