# Jet Fuel, War Risk, and a Family Business

Page: https://stenobird.com/podcast/the-vip-seat-private-aviation-news-7163226/jet-fuel-war-risk-and-a-family-business
Text version: https://stenobird.com/podcast/the-vip-seat-private-aviation-news-7163226/jet-fuel-war-risk-and-a-family-business.md
Podcast: [The VIP Seat: Private Aviation News](https://stenobird.com/podcast/the-vip-seat-private-aviation-news-7163226)
Published: 2026-04-15T19:44:43+00:00
Episode link: https://api.riverside.com/hosting-analytics/media/c5bfc2f60d0c5be03f869be0e2ef3871c8c9f2d93f6ee7a76bf5ab300809aaf0/eyJlcGlzb2RlSWQiOiIzZTRjYzg4Yi0wMzQwLTQ3N2EtYTFkNS1jYjk4YzI0M2Y1MzciLCJwb2RjYXN0SWQiOiJiNjExZjA1OC01MDMyLTRkNDQtYWIxYi00ZjY1MGYxOWVkMDMiLCJhY2NvdW50SWQiOiI2NmI2MjRiNDY0M2RjMGVlNmYyM2Q2ZTkiLCJwYXRoIjoibWVkaWEvY2xpcHMvNjlkZmUyOTc2MzFmNmU2YWQ5YzQ0YWU4L2plc3NpY2EtbmFvcnMtc3R1ZGlvLWNvbXBvc2VyLTIwMjYtNC0xNV9fMjEtMTAtMTUubXAzIn0=.mp3
Audio file: https://api.riverside.com/hosting-analytics/media/c5bfc2f60d0c5be03f869be0e2ef3871c8c9f2d93f6ee7a76bf5ab300809aaf0/eyJlcGlzb2RlSWQiOiIzZTRjYzg4Yi0wMzQwLTQ3N2EtYTFkNS1jYjk4YzI0M2Y1MzciLCJwb2RjYXN0SWQiOiJiNjExZjA1OC01MDMyLTRkNDQtYWIxYi00ZjY1MGYxOWVkMDMiLCJhY2NvdW50SWQiOiI2NmI2MjRiNDY0M2RjMGVlNmYyM2Q2ZTkiLCJwYXRoIjoibWVkaWEvY2xpcHMvNjlkZmUyOTc2MzFmNmU2YWQ5YzQ0YWU4L2plc3NpY2EtbmFvcnMtc3R1ZGlvLWNvbXBvc2VyLTIwMjYtNC0xNV9fMjEtMTAtMTUubXAzIn0=.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-vip-seat-private-aviation-news-7163226/episodes/jet-fuel-war-risk-and-a-family-business
Duration seconds: 3639

## Resource

In this episode of The VIP Seat, Avfuel president C.R. Sincock pulls back the curtain on how jet fuel really moves from wellhead to wing, why pipeline access and storage are the true competitive moats, and how a family-owned company scaled into a multi‑billion‑dollar “downstream aviation energy” powerhouse without selling out to private equity. We dig into the Strait of Hormuz crisis, war premiums, airline hedging, and what sustained volatility means for FBO margins, charter rates, and operators trying to budget fuel in 2026 and beyond. C.R. also shares the Avfuel origin story, the generational handoff from his father Craig, and why culture, reliability, and credit support matter more than a two‑cent spread when the market breaks.

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## Transcript

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