IOSL signs agreement with BIAL

Bangalore: IndianOil SkyTanking Limited (IOSL) has signed an agreement with the New Bangalore International Airport (BIAL) for offering 'into-plane services' to domestic and international airlines for 10 years.
Through this agreement, IOSL will get access to fuel the aircraft which land at the airport directly from their dispensers by connecting it to the hydrant system, a release said on Monday.
IOSL, which is also the fuel partner for BIAL, is currently building the fuel farm facility and hydrant system at a cost of USD 23 million at the airport. The fuel farm facility is expected to be completed by the end of December 2007, the release said.
IOSL, which is a joint venture of Indian Oil Corporation, the Indian Oiltanking Ltd and Skytanking Holding Gmbh, Germany, has become the second into-plane service agent, selected by BIAL at the the New Bangalore International Airport, scheduled to opened in April 2008.
21/05/07 PTI/Economic Times

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Categories: Airports May 2007, New May 2007