The South China Bluesky Aviation Oil Company owns and operates the refuelling infrastructure at 15 airports in south China. These include Zhengzhou, Wuhan, Guilin and the new Guangzhou Baiyun International Airport. Fortune Oil and BP each hold 24.5% of the joint venture and China National Aviation Fuel Company holds 51%. The consumption of jet fuel in China is rising significantly, particularly at Guangzhou because of pent-up demand in the Pearl River Delta. The new Guangzhou airport was opened in August 2004. The construction cost was US$2.3 billion and it is almost four times the size of the old airport in downtown Guangzhou. The new airport is capable of handling 25 million passengers and 1 million tones of cargo per year and ranks number three for aviation fuel sales in mainland China. In 2006 the Bluesky volume sales of jet fuel increased by 12% and refueling facilities at many airports are being expanded to meet the future demand growth. Bluesky will also supply the new FedEx Asia hub being built at Guangzhou.