China Aviation Oil was listed on SGX since 2001. It is the largest physical jet fuel trader in the Asia Pacific region. The group is also the key supplier of imported jet fuel to the civil aviation industry of China.

China Aviation Oil has grown tremendously over the past 9 years. It has grown its revenue 274% from USD 5.5 billion in 2010 to USD 20.61 billon in 2018. It has also strengthened its portfolio by diversifying out of Asia into Europe, Middle East and USA.

China Aviation Oil has its own storage units where aviation oil could be stored before selling to end-users. This allows China Aviation to sell previously stored lower priced oil at higher current market prices. This in effect allows gross margin to increase without much maneuvering of operations. Thus, China Aviation stands to benefit from this price increase.

China Aviation