| Business Summary | | World
Fuel
Services
Corporation
markets
aviation
and
marine
fuel
services.
In
its
aviation
fuel
services
business,
World
Fuel
extends
credit
and
provides
around-the-world
single-supplier
convenience,
24-hour
service,
and
competitively-priced
aviation
fuel
and
other
aviation
related
services,
including
fuel
management
services,
to
passenger,
cargo
and
charter
airlines.
The
Company
also
offers
flight
plans
and
weather
reports
to
its
corporate
customers.
In
its
marine
fuel
services
business,
World
Fuel
markets
marine
fuel
and
related
services
to
a
broad
base
of
international
shipping
companies
and
to
the
U.S.
military.
World
Fuel
offers
24-hour
around-the-world
service,
credit
terms,
and
competitively
priced
fuel. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | World
Fuel
Services
Corporation
markets
aviation
and
marine
fuel
at
more
than
1,100
airports
and
seaports
worldwide.
For
the
three
months
ended
6/30/01,
revenues
decreased
10%
to
$338.1
million.
Net
income
increased
44%
to
$4.7
million.
Revenues
reflect
a
decline
in
aviation
fuel
sales
volume
and
decreased
marine
fuel
services.
Earnings
reflect
a
litigation
settlement
credit
and
a
decrease
in
bad
debt
provision
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Jerrold Blair, 63 Chairman,
CEO | $1.2M | Paul Stebbins, 44 Pres,
COO, Director | 838K | Carlos Abaunza, 41 CFO,
Treasurer | -- | Michael Clementi, 40 Pres
of World Fuel Services, Inc. and Managing Director of World Fuel Services Ltd. | 431K | Philip Bradley, 63 Director;
Pres of WSFL | 512K | Dollar amounts are as of 31-Mar-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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