In the News

11-01-2011: The Pipeline Newsletter Fall 2011

Download a PDF version of the World Fuel Business Aviation quarterly newsletter – The Pipeline.

09-01-2010: Win an Apple iPad!

Contest Rules

Beginning September 1, 2010 and running until January 31, 2011 each transaction charged for flight training on your AVCARD at a FlightSafety location will credit you with one entry into the contest. The more training charged to the AVCARD the better your chances to win. At the end of the contest we will randomly select one entry and that person will win an Apple iPAD.

AVCARD will automatically accumulate entries from the transactions submitted, so there is nothing you need to do except use your AVCARD for all your flight training charges.

The winning entry will be announced on February 9, 2011 at the 22nd Annual Schedulers & Dispatchers Conference in Savannah, Ga.

Good Luck!

08-23-2010: World Fuel Services to Acquire Western Petroleum

World Fuel Services Corporation (INT 25.79, +0.60, +2.38%) announced today that its wholly-owned subsidiary, World Fuel Services, Inc., has signed a definitive agreement to acquire the capital stock of Western Petroleum Company ("Western"), including the assets comprising Western's wholesale motor fuel distribution business, branded aviation fuel distribution business and wholesale lubricants distribution business.

Western, based in Eden Prairie, Minnesota, with 2009 volumes of more than 500 million gallons of gasoline and diesel fuel and approximately 100 million gallons of branded aviation fuel, is one of the nation's largest independently owned petroleum marketing companies.

"We are very pleased to welcome the Western team to World Fuel," stated Michael J. Kasbar, president and chief operating officer of World Fuel Services Corporation. "The acquisition of Western is another significant step in the continued evolution of our land based fuel business and their branded aviation fuel distribution business will further expand the breadth of our general aviation business."

"We are excited to be joining forces with World Fuel and look forward to capitalizing on the many growth opportunities in the marketplace. Our market knowledge combined with World Fuel's size and scale will allow us to further expand our value proposition to a broader base of customers and suppliers," stated Richard S. Neville, president of Western.

The purchase price for the transaction will be $95 million which may be increased by up to an additional $20 million to the extent that Western's net assets exceed an agreed target at closing. Up to $30 million of the purchase price, and up to $10 million of the additional purchase price, if payable, may be paid, at World Fuel's option, in the form of World Fuel Services Corporation common stock, valued based on an agreed trailing average price formula. World Fuel may be required to issue the common stock if its market price at the relevant settlement date exceeds the trailing average trading price by more than an agreed amount. The balance of the purchase price will be funded through a promissory note and cash-on-hand.

The transaction, which is expected to be $0.11 to $0.13 accretive to earnings in the first twelve months (assuming that $30 million of World Fuel Services Corporation common stock is issued to pay the purchase price), is subject to customary closing conditions and is expected to be completed within the next sixty days.

08-19-2010: AVCARD Accepted at FlightSafety

AVCARD Accepted at FlightSafety

We are pleased to announce that AVCARD and FlightSafety have finalized an agreement to add AVCARD as a payment option for FlightSafety training courses.

Whatever your training needs – initial training, recurrent, career advancement – take advantage of FlightSafety International’s extensive network of Learning Centers. Strategically located around the United States and in Canada, France and Great Britain, Learning Centers include our newest in Lafayette Louisiana.

For general inquiries and information, please contact:

Corporate Offices: (718) 565-4100
For Business and Commercial Aviation Training: (316) 220-3150
Toll-Free: (800) 227-5656

AVCARD is the most widely accepted aviation credit card in the world. AVCARD provides more than 10,000 cardholders a seamless process for streamlining flight department purchasing through detailed billing and robust reporting and analysis.

06-23-2010: World Fuel Services Oil Market Report

Download a PDF version of the World Fuel Services Oil Market Report.

06-03-2010: World Fuel Services Oil Market Report

Download a PDF version of the World Fuel Services Oil Market Report.

05-24-2010: Heading to the World Cup? Baseops and World Fuel have you covered

World Cup 2010 is just around the corner and it’s time to start preparing for your trip to South Africa. Pre-planning is a must to ensure a smooth flight experience to South Africa for the World Cup 2010. Baseops International is available to help you with whatever arrangements you may need.

The event will take place June 11 through July 11, 2010. The peak period of air traffic is forecasted to be between June 11 and 25. Johannesburg is anticipating handling up to 60 aircraft movements per hour during these peak periods.

Slots, parking and fuel are required to be pre-booked at all South African airports during this time frame. Baseops has pre-booked Arrival and Departure slots for all primary airports and some secondary airports. We encourage you to apply as early as possible to obtain the best slot for your operations. Top hotels are forecasted to sell out well before the start of the games, so again, book as early as possible.

For more information or to start working on your trip plans, please email our Ops team at WCup2010@wfscorp.com

04-15-2010: Use your AVCARD for fuel in Mexico with no need for prearrangement

Did you know that your AVCARD is accepted at all Mexican airports? On your next trip to Mexico, pull out your AVCARD to get a great fuel price and forget about having to provide 72 hours advance notice. Your AVCARD can be used to purchase fuel and services without prearrangement resulting in less hassle for your schedulers and no delays for your passengers.

04-05-2010: The Pipline - Spring 2010

Download a PDF version of the World Fuel Business Aviation quarterly newsletter – The Pipeline.

04-01-2010: World Fuel Services Oil Market Report

Download a PDF version of the World Fuel Services Oil Market Report.

01-14-2010: World Fuel Services Helping the Relief Efforts in Haiti

World Fuel Services is supporting the relief efforts in Haiti through a partnership with Amerijet International. Click here to read the full article.

01-11-2010: World Fuel Services is ready for the 2010 Olympic Games

Million Air Vancouver has chosen AVCARD as the Preferred Card for the Olympics 2010!

Million Air Vancouver is ready to host your passengers during the Winter Olympics 2010. They will be providing a luxury passenger terminal with various amenities, their state-of-the-art FBO, and a secure cargo ramp to provide additional temporary and over-night parking for aircraft of all sizes. Million Air’s commitment to their customers will ensure outstanding service for both pilots and passengers during the Olympics and beyond.

AVCARD, the most widely accepted aviation credit card in the world, will be the Preferred Card for fuel and services purchased at Million Air. AVCARD provides more than 10,000 cardholders a seamless process for streamlining flight department purchasing through detailed billing and robust reporting and analysis.

Flight crews enroute to the Olympic Games can expect seamless contract fuel savings through World Fuel Services. Through our extensive supply network, World Fuel can coordinate contract fuel at all of the primary portal airports specified by Transport Canada. Pilots will also find that the AVCARD is accepted upon presentation at almost every FBO in the world.

Baseops International Trip Support is available to coordinate the necessary runway slots, flight authorization requests, security checks and customs clearances – along with filing flight plans and providing up-to-the-minute weather details.

Call or email your Sales Executive TODAY to learn more.

01/10/2010: The Pipeline – Winter 2010

Download a PDF version of the World Fuel Business Aviation quarterly newsletter – The Pipeline.

01/08/2010: World Fuel Services Oil Market Report

Download a PDF version of the World Fuel Services Oil Market Report.

12/01/2009: World Fuel Services, Baseops, and AVCARD integrate to provide flight departments with consolidated billing for all fuel and service purchases.

AVCARD currently has over 10,000 cardholders and are adding new customers every day. There are no yearly or administrative fees associated with using AVCARD, and it is accepted at over 7600 locations in 190 countries worldwide. AVCARD can be used for fuel, ground handling, maintenance, catering flight training and more, making it truly the "one card solution" for all of your aviation needs.

One of the unique features of AVCARD is our online management system, AirPortfolio. It provides cardholders with all of the tools necessary to manage your flight department's aviation fuel expenses directly from the web, including the option to view fuel tickets and create customized reports for the way you do business.

Another important and distinctive feature of AVCARD is our detailed billing which breaks out the fuel cost, taxes, and fees for every line item as well as aircraft and location, regardless of the fuel supplier. You can also use your AVCARD for your home base fuel purchases. This makes it easier for you to reconcile your invoices and allows for your customized reports to include all of your uplifts, whether you're on the road or at home. FBOs also reap the benefits of AVCARD users, as when you do this their receivables have a quicker turn around as well.

11/01/2009: Twelve New FBOs join the World Fuel FBO Network

World Fuel is excited to offer fuel to our clients at 12 new FBOs!

1LO / K1LO	Reserve, LA	St. John Parish Airport
3SE / K3SE	Grants Pass, OR	Pacific Aviation
CNW / KCNW	Waco, TX	Servion of Waco
DWH / KDWH	Houston, TX	Northwest Airport Management
EAR / KEAR	Kearney, NE	Otis Air Service
IER / KIER	Natchitoches, LA	City of Natchitoches
LBF / KLBF	North Platte, NE	North Platte Aviation
LCI / KLCI	Laconia, NH	Sky Bright
MDQ / KMDQ	Huntsville, AL	Executive Flight Center
PUW / KPUW	Pullman, WA	Inter-State Aviation
SGF / KSGF	Springfield, MO	Springfield - Branson National Airport
NEV / TKPN	Nevis Island, St. Kitts	Nevis Air and Sea Ports Authority

Please take a minute to check out these FBOs and the terrific pricing they offer to WFS, Baseops, and AVCARD clients!

10/01/2009: EBAA Cites EC for Sloppy Emission Scheme Execution

Sweden and Italy belatedly have confirmed extensions to the August 31 deadline for operators to register for Europe's new emissions trading scheme (ETS). Italy is giving operators until September 30 to file plans for monitoring, reporting and verification (MRV) of carbon emissions, while the Swedes have granted an extension to October 15. In theory, the August 31 deadline still applied in the other 23 European Union states, despite the fact that the European Commission published a revised list of affected operators only on August 22. Any operator on the EC list who does not meet the deadline(s) for registering MRV plans can be fined $8,000, with an additional $800 for each day that it is late in filing. However, according to the European Business Aviation Association (EBAA), the national authorities implementing ETS on the EC's behalf are not expected to impose these penalties due to the delay in publishing the list and operators difficulties in registering their MRV plans. Meanwhile, the EC has rejected a proposal to use Eurocontrol's Pagoda air traffic data system as a tool for calculating aircraft emissions. Instead, a revised version of Pagoda dubbed the ETS support facility is being evaluated and is expected to be accepted as a calculation tool.