AirBP, Grupa Lotos Form JV

Air BP and Grupa Lotos have formed a new joint venture (JV), Lotos – Air BP Polska, to help manage supply, logistics and marketing of aviation fuel in Poland. The JV was formed by Air BP buying 50 per cent of Lotos Tank, a subsidiary of Grupo Lotos, meaning both Air BP and Lotos will be equal shareholders of the company; the deal is expected to be completed within eight weeks. Initially Lotos – Air BP Polska will operate at Gdansk (GDN), Warsaw (WAW), and Krakow (KRK) airports.

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