- Ranger Aerospace Corporation announced today that its
subsidiary, Aircraft Service International Group (ASIG) was named the World’s Best Aviation
Fueler as part of an independent survey conducted by the World Jet Fuel Report. In addition to
being the overall best, ASIG placed first for Quality of Service, Best Trained Staff, and for Most
Improved Operator. Airlines and oil companies recognize the World Jet Fuel Report as an
authoritative expert publication in the commercial airlines industry.
ASIG scored on overall points more than 25% ahead of the next best rated survey competitor,
Signature Flight Support (see Chart on page 2 of this release). 41 major airlines were surveyed,
comprising amongst them over 35 billion gallons per year of jet fuel consumption, or roughly 60%
of the total worldwide annual demand from all airlines combined. Fuel is one of the largest cost
components in any airline’s operations, so its delivery and management are critical. ASIG is the
largest independently owned airline fueler in North America and Europe. 46.3% of the survey votes
were cast by North American carriers, and 28.6% by European carriers; the balance from Asia and
Latin America.
Steve Townes, President, CEO and Founder of Ranger Aerospace said, "We are pleased to see our
centerpiece company recognized in this way. The Ranger business philosophy is to acquire and
help expand high quality, industry leading aviation companies. Our overall strategy of heavily
re-investing in quality programs, workforce initiatives, capital equipment, and operational
improvements is paying off." Some respondents noted significant improvements at ASIG since
Ranger Aerospace acquired the aviation services company in early 1998. The publication also cites
Ranger’s recent aggressive acquisition and joint venture efforts, most notably its takeover attempt
of a large publicly traded competitor, and several successful new joint ventures in Europe.
Ranger is an aerospace management and investment company, which owns and operates
large-scale commercial aviation services businesses, a logistics/leasing entity, and joint ventures.
Ranger is the sole shareholder of ASIG and ASIG’s seven subsidiaries or affiliates. Ranger,
although privately held, is backed with large institutional equity shareholders, venture capital, and
institutional bondholders, plus significant ownership by management. Ranger is investing and
acquiring for marketplace consolidation in selected aviation services niches.
ASIG has operated for over 50 years as one of the largest independent airfield services companies
in the world. ASIG has substantial ground handling and fueling operations in 41 business units in
North America and Europe. ASIG employs over 3,300 aviation service professionals.
