Just over a year after its merger, ChevronTexaco (the entity that resulted when the two oil giants came together after a landmark $45 billion deal) has released some of the details of its newly realigned general aviation fuel business. Representing only a tiny percentage of even its airline-centered fuels trade, the general aviation sliver of the pie is, nevertheless, an important one to the merged companies, or so they say.
Evidence of their commitment to business and general aviation was recently provided during a visit by a team of top ChevronTexaco aviation fuels executives to AIN’s office, marking the merged companies’ first year of operations.
Despite divestiture to Avfuel of 130 FBOs previously branded to Texaco (roughly half its locations), the new ChevronTexaco is still a dominant player in the FBO trade.
According to its records, ChevronTexaco supplies the fuel needs of 17 percent of the U.S. domestic FBO market while maintaining a 25-percent market share by volume.
That works out to daily sales of some 35,000 gallons of avgas and jet-A. To put that in perspective, 35,000 gallons wouldn’t fill a Boeing 747-400 (with its 57,285-gallon capacity).
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