AvFuel

Avfuel

What It Is: This privately owned company supplies jet fuel and avgas through a network of about 3,000 locations worldwide and more than 650 Avfuel-branded dealers in the U.S. and Europe, including major FBO chains. Avfuel also offers a fuel card, flight support, aviation insurance, and line staff training. 

How It Grew: Founded in 1973 as a regional aviation supply and logistics company, Avfuel was acquired in 1983 by Craig Sincock, a private pilot with an investment-banking background. At the time, the company had around 10 employees but, thanks partly to more than two dozen acquisitions, it now works with around 100 refiners worldwide and employs about 700 people. The company’s Cessna Citation XLS+ and single-engine Corvalis have been “indispensable” to its success, says Sincock, who remains president and CEO. 

Avfuel's Craig R. Sincock

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Avfuel's Craig R. Sincock

His company provides fuel for business and commercial aviation. Meanwhile, he fuels the company with enthusiasm.

What It Offers: 

Aviation fuel.The company supplies fuel for business and general aviation, air ambulances, corporate customers, and the military.During major events such as the Indianapolis 500 and Kentucky Derby, Avfuel positions trucks and employees at local airports to meet demand spikes. 

Fuel card. Avfuel Pro Card provides discount fuel prices and Avtrip points, which are redeemable for cash.

Flight-support services.Avplan Trip Support offers international flight-planning and trip-planning services.

Fuel-system equipment and leasing.Avtank subsidiary designs, engineers, and manufactures fuel-storage systems and refueling equipment; Avlease provides refueling equipment management and leasing. 

Insurance. Avsurance aviation insurance agency procures coverage for pilots, airports, equipment manufacturers, distributors, and related facilities.

Notable Achievements: Collaborated with industry organizations on 2018’s landmark Business Aviation Guide to the Use of Sustainable Alternative Jet Fuel. Involved in the Piston Aviation Fuel Initiative since its inception.

Quote: “As a leader in the global supply of aviation fuel and services, we have a social responsibility to make sustainable alternative jet fuel a reality in the marketplace.” —president and CEO Craig Sincock

Recent News: In January, Avfuel delivered the first load of SAJF at Los Angeles’s Van Nuys Airport during the Business Jets Fuel Green: A Step Toward Sustainability event.

FAST FACTS:

Founded: 1973

HQ: Ann Arbor, Michigan

Employees: About 700

President and CEO: Craig Sincock

Website: avfuel.com

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