International fuel supplier Air BP has taken a minority stake in global flight planning business RocketRoute in a bid to strengthen its existing relationship with the company.
The acquisition will enable Air BP and RocketRoute to jointly continue developing new technology solutions that simplify the complexity of flight planning and fuel purchasing for private pilots, owners, operators and flight departments.
“Air BP is an integral part of the aviation supply chain so we want to be able to offer our customers tools that enable them to operate more efficiently. The decision to invest in RocketRoute demonstrates the importance we attribute to the ability of technology to support this. We are delighted to be working even more closely with RocketRoute. Together we hope to create a product that will become a ‘must have’ in the aviation market,” said Norbert Kamp, chief commercial officer, Air BP.
“We are delighted to have Air BP as an investor in our business. We now have the resources to deliver the full potential of our company, and have access to a truly international network of airports through Air BP,” said Kurt Lyall, RocketRoute co-founder and CFO.