4th March 2004
ASIG AWARDED CONCESSION TO PROVIDE INTO-PLANE FUELING SERVICE AT BANGKOK'S NEW SUVARNABHUMI AIRPORT
Orlando ... ASIG®, an industry leader in aviation services, announced today that it has been awarded a concession to provide into-plane fueling services at Bangkok's new Suvarnabhumi Airport (BKK). The concession is one of two 20-year licenses allotted by the airport authority, Airports of Thailand Public Company Limited (AOT). Novatech Company Limited, a local Bangkok firm, is ASIG's joint venture partner. This award marks ASIG's entrance into the Asian market.
Suvarnabhumi is scheduled to open September 2005. Upon opening, the airport is expected to initially handle 3 million tons of cargo and 45 million passengers per year.
ASIG was selected as an operator based on its breadth of experience managing large-scale airport fueling operations. ASIG currently manages into-plane fueling operations at airports such as London Heathrow (LHR), London Gatwick (LGW), Munich (MUC), Atlanta (ATL), Los Angeles (LAX) and San Francisco (SFO). Novatech, a well-known distributor of fuel equipment, is based in Thailand and has been in operation for ten years.
Commenting on the award, Keith P. Ryan, President & CEO, said, "This is a great opportunity for ASIG. We are actively pursing growth internationally and Bangkok is an excellent platform for future expansion in the Asian market. This award is a confirmation of our abilities as a premier provider of fuel services in the aviation industry. ASIG is looking forward to working with the AOT to provide a high level of quality service to the airlines and oil companies serving Bangkok."
ASIG has operated for over 55 years as one of the largest independent airfield services companies in the world. ASIG has substantial ground handling and fueling operations, with business units in 67 cities in North America and Europe, and ASIG employs over 6,500 aviation service professionals. The company is pursuing aggressive strategies for Total Quality, and service expansions in new cities.
ASIG is part of BBA Aviation Services Group, a division of BBA Group PLC, a publicly held corporation traded on the London stock exchange. The Group's companies are engaged in providing products and services to the aviation and specialty materials industries. BBA Aviation Services Group serves the world's business aviation, regional airline, helicopter and commercial aviation markets through its primary operating companies and their subsidiaries that in addition to ASIG include: Dallas Airmotive; Signature Flight Support; International Turbine Service; Barrett Turbine Engine Company; H+S Aviation; and Premier Turbines.
Contact:
Mark Edwards
Managing Director & Sr. Vice President
+44 (0) 1753 687888
2004 Interims Results Presentation, 2nd September 2004