NAICS Code 424720-01 - Aviation Fuel (Wholesale)

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 424720 - Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) - 8,134 companies, 57,059 emails.

NAICS Code 424720-01 Description (8-Digit)

Aviation Fuel (Wholesale) is a subdivision of the Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) industry. This industry involves the wholesale distribution of aviation fuel to airports, airlines, and other aviation-related businesses. Aviation fuel is a specialized type of fuel that is used to power aircraft, and it must meet strict quality and safety standards set by regulatory agencies. Companies in this industry may also provide related services such as fuel storage, transportation, and testing.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 424720 page

Tools

Tools commonly used in the Aviation Fuel (Wholesale) industry for day-to-day tasks and operations.

  • Fuel trucks
  • Fuel storage tanks
  • Fuel quality testing equipment
  • Fuel filtration systems
  • Fuel pumps
  • Fuel meters
  • Fuel hoses
  • Fuel additives
  • Fuel gauges
  • Fuel nozzles

Industry Examples of Aviation Fuel (Wholesale)

Common products and services typical of NAICS Code 424720-01, illustrating the main business activities and contributions to the market.

  • Jet fuel
  • Aviation gasoline
  • Avgas
  • Turbine fuel
  • Aviation kerosene
  • Aviation biofuels
  • Military aviation fuel
  • Commercial aviation fuel
  • General aviation fuel
  • Helicopter fuel

History

A concise historical narrative of NAICS Code 424720-01 covering global milestones and recent developments within the United States.

  • The aviation fuel wholesale industry has been around since the early 1900s when the Wright Brothers made their first flight. The industry has seen significant growth since then, with the development of jet engines and the increase in air travel. In the 1950s, the industry saw a major shift from gasoline to kerosene-based fuels, which allowed for longer flights and more efficient engines. In the United States, the industry has seen a steady increase in demand for aviation fuel since the 1980s, with the rise of low-cost carriers and the expansion of international air travel. In recent years, the industry has faced challenges due to the COVID-19 pandemic, which has led to a decrease in air travel and a decline in demand for aviation fuel.