Dear Friends and Colleagues,<\/p>\n
\n Today marks the beginning of a new chapter in Universal\u2019s journey. After more than 65 years of proudly supporting you and the global business aviation community, I\u2019m excited to share that we\u2019ve entered into an agreement to sell the Universal\u00ae Trip Support Services Division to World Fuel Services (World Fuel), a World Kinect company.<\/p>\n
This agreement includes the Universal Weather and Aviation, Inc. brand \u2013 a name long synonymous with excellence in trip support.<\/p>\n
The sale does not include our Universal Aviation FBO network or Air Culinaire Worldwide catering, both of which my family and I will continue to lead and grow.<\/p>\n
The transaction is expected to close in approximately 60 days. We\u2019re confident this move unlocks exciting new opportunities for our team, our customers, and the future of trip support.<\/p>\n
\n Benefits for Trip Support Customers<\/strong><\/p>\n World Fuel is the ideal partner to carry the Universal Trip Support legacy forward. With deep experience in the trip support space, World Fuel understands the unique value Universal delivers \u2013 and is committed to preserving the high-touch service experience our customers expect. <\/p>\n The Universal Trip Support division \u2013 including its people, teams, and technology \u2013 will transition to World Fuel and continue to operate under the Universal name, maintaining its distinct identity and trusted brand within World Fuel.<\/p>\n With the added strength and resources of World Kinect, Universal Trip Support will be well-positioned to support customers well into the future.<\/p>\n Craig Mabray, Senior Vice President Trip Support Services, will continue leading Universal Trip Support. Most of the Universal Account Management team, including EVP Sales & Marketing, Jonathan Howells, will transition, too.<\/p>\n