Rosneft Aero increases overwing fueling by 9.5% in 1H 2019

29 august 2019

In 1H 2019 Rosneft Aero, a subsidiary of PJSC NK Rosneft, increased its overwing fueling at Russian airports by 9.5% y-to-y to 1.035 mln tons. Overwing fueling operations grew by 13% and amounted to 108,000 tons in the reporting period.

Rosneft Aero sold over 1.6 mln tons of jet fuel in the first six months of 2019, having increased this indicator by 2% compared to the results in 1H2018.

The aviation fuel sales growth is a part of Rosneft’s strategy aimed at the development of aviation fuel supply. Rosneft Aero provided the largest share in the growth by its operations in such key Russia’s airports as Sheremetyevo in Moscow, Pulkovo in Saint Petersburg and Pashkovsky in Krasnodar.

In 2019, Rosneft Aero expanded the list of customers among airlines. Contracts for the supply of aviation fuel in the airports of Russia was signed with the Group of companies "AASO" (Novelair Tunisia, Air Arabia, Gulf Air, Egyptair, Royal Jordanian, Oman air, Flynas), Pobeda Airline, Smartwings, Bulgaria Air, Alitalia.

The company’s market share in the 1H 2019 amounted to 33% in aviation fuel production.

Note:

Rosneft Aero is a leading jet fuel supplier and a subsidiary of Rosneft Oil Company. Today Rosneft Aero provides into-plane fueling services at 42 airports in Russia and overseas including Moscow, Saint-Petersburg, Sochi, Krasnodar, Irkutsk, Vladivostok, Anapa, Yuzhno-Sakhalinsk, Berlin and Munich in Germany, Tbilisi, Batumi and Kutaisi in Georgia, Ulan-Bator in Mongolia and many others.