# Top 10 Aircraft Jet Fuel Companies: Driving Global Aviation in 2024
The global aircraft jet fuel market is a critical component of the aviation industry, providing the essential energy source for commercial, cargo, and military aircraft worldwide. As air travel continues to expand, the demand for efficient and sustainable jet fuel solutions continues to grow.
Here are the top 10 companies leading the aircraft jet fuel industry in 2024:
## 1. ExxonMobil Aviation
**Headquarters:** Irving, Texas, USA
**Key Offering:** Jet A, Jet A-1, Sustainable Aviation Fuel (SAF)
ExxonMobil is one of the world’s largest suppliers of aviation fuels, providing jet fuel to major airlines and airports across the globe. The company has made significant investments in sustainable aviation fuel (SAF) production and is committed to supporting the aviation industry’s decarbonization goals.
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## 2. Shell Aviation
**Headquarters:** London, United Kingdom
**Key Offering:** Jet A-1, SAF, Technical Fuel Services
Shell Aviation operates in more than 60 countries, providing aviation fuels and services to airlines, airports, and private operators. The company is actively developing sustainable aviation fuel solutions and has set ambitious targets to increase SAF production in the coming years.
## 3. BP Aviation
**Headquarters:** London, United Kingdom
**Key Offering:** Jet A-1, Avgas, Sustainable Aviation Fuel
BP’s aviation division, known as Air BP, is one of the world’s largest suppliers of aviation fuel, serving more than 700 locations globally. The company is investing heavily in SAF production and carbon offset programs to support the aviation industry’s sustainability goals.
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## 4. TotalEnergies
**Headquarters:** Paris, France
**Key Offering:** Jet A, Jet A-1, Sustainable Aviation Fuel
TotalEnergies is a major player in the European aviation fuel market, providing fuel to airlines and airports across the continent. The company has set ambitious targets to increase its production of sustainable aviation fuels and reduce the carbon intensity of its products.
## 5. Chevron Corporation
**Headquarters:** San Ramon, California, USA
**Key Offering:** Jet A, Jet A-1, Renewable Jet Fuel
Chevron is a leading supplier of aviation fuels in North America and other key markets. The company is actively developing renewable jet fuel alternatives and has formed strategic partnerships to advance SAF production and distribution.
## 6. Neste
**Headquarters:** Espoo, Finland
**Key Offering:** Neste MY Sustainable Aviation Fuel™
Neste has emerged as a global leader in sustainable aviation fuel production. The company’s MY Sustainable Aviation Fuel™ is being adopted by major airlines worldwide as they seek to reduce their carbon footprint.
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## 7. World Fuel Services
**Headquarters:** Miami, Florida, USA
**Key Offering:** Jet A, Jet A-1, SAF Distribution & Logistics
World Fuel Services specializes in the logistics of aviation fuel, providing innovative solutions for fuel supply, management, and sustainability. The company offers comprehensive SAF solutions and has a strong presence in North America and beyond.
## 8. Indian Oil Corporation Ltd. (IOCL)
**Headquarters:** New Delhi, India
**Key Offering:** Jet A-1, Bio-ATF (SAF)
IOCL is India’s largest producer of aviation turbine fuel and has been a pioneer in developing and implementing bio-ATF in the region. The company is actively working on sustainable aviation fuel initiatives to support India’s growing aviation sector.
## 9. Gazprom Neft Aero
**Headquarters:** Saint Petersburg, Russia
**Key Offering:** TS-1, Jet A-1
Gazprom Neft’s aviation division is a major supplier of jet fuel in Russia and neighboring countries. The company is developing its sustainable aviation fuel capabilities while continuing to serve traditional markets.
## 10. Phillips 66
**Headquarters:** Houston, Texas, USA
**Key Offering:** Jet A, Jet A-1, Sustainable Aviation Fuel
Phillips 66 is a leading supplier of aviation fuels in the United States, providing fuel to major airports and airlines. The company is expanding its sustainable aviation fuel production and has set ambitious targets for the coming years.
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## Market Outlook: Sustainable Aviation Fuel Dominates Future Growth
The global aircraft jet fuel market is projected to reach USD 202.54 billion by 2030, growing at a CAGR of 4.4% from 2024 to 2030. This growth will be primarily driven by the increasing adoption of sustainable aviation fuel (SAF), which is expected to account for an increasingly significant portion of total jet fuel consumption.
Key trends shaping the market include:
– Increased investment in SAF production facilities globally
– Regulatory support for SAF blending mandates
– Technological advancements in biofuel and synthetic fuel production
– Growing corporate sustainability commitments driving SAF demand
– Expansion of carbon offset programs linked to SAF usage
The future of aircraft jet fuel is cleaner and smarter, with traditional oil majors and new sustainable fuel specialists working together to decarbonize aviation.
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