Air BP, an international aviation fuel products and services supplier, and AKR formed a joint venture for the distribution of aviation fuel on November 15th, 2016. The agreement was signed by Jonathan Wood, Chief Strategy and Business Development Officer of Air BP, and Mr. Haryanto Adikoesoemo, President Director of AKR, in London.
The joint venture company, PT Dirgantara Petroindo Raya, operates under the name of Air BP-AKR Aviation and was launched to develop the aviation fuel business in Indonesia by supplying fuel to aircraft at airports in Indonesia where the company operates.
PT Dirgantara Petroindo Raya markets, distributes, and supplies aviation fuel to customers, including into-plane services to customer aircraft. The products offered are Aviation Turbine Fuels which are often called avtur and aviation gasoline (avgas) in accordance with international aviation industry standards.
In addition to offering products and services related to aircraft fuel supply, PT Dirgantara Petroindo Raya, supported by the parent company, has expertise in:
- Sales and marketing to international network
- Risk management for customers
- Technical and operational standards
- Equipment design and construction
- Aircraft fuel infrastructure development
- Research and development
- Operational efficiency
- Supply & trading expertise
- Expertise in logistics.
- Experience in supplying bio jets and low carbon offers.
Aircraft Filling Depot (DPPU) and Aviation Fuel Truck owned by Air BP - AKR Aviation
at Special Airport of Indonesian Morowali Industrial Park (IMIP)
Air BP and AKR see huge potential within the Indonesian aviation fuel sector. The joint venture is intended to support the development of the aviation industry and contribute to the growth of the Indonesian economy by investing in infrastructure, applying the latest innovative technology, and operational best practices for the supply of aviation fuel.
Air BP supplies 6.7 billion gallons of aviation fuel to over 7,000 flights per day at more than 800 locations in more than 55 countries. AirBP's customers range from owners of small private jets, to many of the world's largest commercial airlines and the military. AirBP experts provide a complete range of aviation fuel consulting services, including the design, construction and operation of aviation fuel facilities.
Air BP also leads and participates in over 150 joint ventures across the globe from the Arctic to the Middle East. This new joint venture further demonstrates Air BP’s commitment to supporting aviation growth in developing markets. It also demonstrates BP’s continued commitment and investment in Indonesia.