A major consolidation in the fuel-supply business is occurring with World Fuel Services agreeing to buy Universal Weather and Aviation’s UVair Fueling Div. for $170 million. The move, announced in late August, will affect business and general aviation customers at more than 5,000 locations worldwide. In turn, World Fuel will become the official fuel provider for Universal’s international trip-planning customers. Miami-based World Fuel provides fuel procurement and management ...

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