On 19 July 2018, South China Bluesky Aviation Oil Company Limited ("Bluesky") held the "20th Anniversary Symposium and High Quality Development Forum." in Guangzhou. Nearly 70 people attended the events including the leaders of China National Aviation Fuel Group Corporation (CNAF Group), management from the headquarters and affiliates of Bluesky, and Bluesky staff and shareholder representatives. The participants reviewed Bluesky’s 20 year development and wished for its continued success in the future. This is also a new starting point for Bluesky to contribute to a better and greater development in the national civil aviation industries. A delegation of senior staff from Fortune Oil led by Mme. Li Ching, Fortune Oil Executive Director and Bluesky Vice Chairman, attended this important event which was a significant milestone in the history of Bluesky’s development.
Bluesky’s 20 year successful operation coincided with the historical process under the reform and opening polices in China with great progress in respect of national economic development and social affairs. Since Bluesky’s establishment in 1998, it has been responsible for sourcing, storage, transportation, sales and refueling services in aviation fuel at the airports under its responsibility. The number of airports Bluesky provides services to has increased from 16 airports when Bluesky started its operations to currently 27 airports. Today Bluesky supplies fuel to 165 airlines, up from the 30 airlines it supplied when the joint venture was first established. Bluesky provided safe and reliable fuel to 140,400 aircraft in 1999 and this has increased to 692,000. The annual sales of aviation fuel also increased from 681,000 tonnes in 1999 to 5.1 million tonnes, accounting for nearly 17% of China's aviation refueling market.
As one of the founding shareholders of Bluesky, Fortune Oil is extremely proud of such remarkable achievements made by the joint venture. On behalf of Fortune Oil, Mme. Li in her speech affectionately recalled Bluesky’s development history and expressed her highest respect and heartfelt gratitude to all fellows, including superiors from previous and existing management, colleagues, shareholders and airline customers, who have made every endeavor to contribute to Bluesky’s success. Mme. Li also sincerely wished that Bluesky will achieve further tremendous accomplishment based on its solid and robust business foundation.
Other Fortune Oil delegation members attending the events also included Dr. Michael Jones, Technical and Business Development Director; Mr. Archer Lee, Assistant Financial Controller; Mr. Gao Yimin, General Manager of Project and Investment; Mr. Zhang Haiqun, Deputy General Manager of Bluesky; Mr. Xiong Xiaoping, Advisor to General Manager of Bluesky and Mr. Dong Xianjun, Member of Investment Committee in Bluesky.