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JET A1 (AVIATION FUEL) SUPPLY AND DISTRIBUTION IN NIGERIA; THE FEASIBILITY REPORT.

JET A1 (AVIATION FUEL) SUPPLY AND DISTRIBUTION IN NIGERIA; THE FEASIBILITY REPORT.

150,000.00

JET A1 is a type of aviation fuel primarily used in turbine-powered aircraft. It belongs to the category of aviation turbine fuel (ATF) and is designed to meet strict international specifications for jet propulsion.

Description

JET A1 is a type of aviation fuel primarily used in turbine-powered aircraft. It belongs to the category of aviation turbine fuel (ATF) and is designed to meet strict international specifications for jet propulsion.

The composition of JET A1 typically consists of hydrocarbons derived from crude oil, with a specific range of properties tailored to ensure optimal performance in aircraft engines.

JET A1 aviation fuel is produced through a complex refining process that begins with the distillation of crude oil. Crude oil undergoes fractional distillation in a refinery, where it is heated to separate it into various components based on their boiling points. The desired fractions, which include kerosene, are then further processed to meet the stringent specifications of JET A1.

The kerosene fraction obtained from crude oil distillation undergoes hydrotreating, a process that removes impurities and sulfur compounds to enhance the fuel’s quality and performance. Additives may also be blended into the fuel to improve its lubricating properties, stability, and resistance to icing at high altitudes.

Throughout the production process, JET A1 undergoes rigorous quality control measures and testing to ensure compliance with international standards and specifications set by organizations such as ASTM International and the International Air Transport Association (IATA).

Parameters such as density, flash point, freezing point, and composition are carefully monitored to guarantee the fuel’s safety and reliability.

Properties of JET A1

1. Density: JET A1 has a relatively low density, which is essential for reducing the overall weight of the aircraft and maximizing fuel efficiency.
2. Flash Point: The flash point of JET A1 is typically higher than that of gasoline, ensuring safer handling and storage, especially in aviation environments.
3. Freezing Point: JET A1 is formulated to withstand extremely low temperatures encountered at high altitudes, with a freezing point well below typical cruising altitudes.
4. Energy Content: It possesses a high energy content per unit volume, providing the necessary power for turbine engines to propel aircraft efficiently.
5. Viscosity: The viscosity of JET A1 is carefully controlled to ensure smooth flow through fuel systems and combustion chambers without clogging or disruptions.

JET A1 (aviation fuel) is the lifeblood of commercial and military aviation, powering a wide range of aircraft, including airliners, business jets, helicopters, and military fighter jets. Its consistent quality and performance characteristics make it the preferred choice for turbine engines, providing the thrust necessary for takeoff, cruising, and landing.

The demand for JET A1 (aviation fuel) in Nigeria is primarily driven by:

Growth in Air Travel: Nigeria’s aviation sector has witnessed steady growth, driven by increasing domestic and international air travel demand.
Economic Development: Economic growth and rising disposable incomes have fueled air travel demand, leading to increased consumption of aviation fuel.
Tourism and Trade: Nigeria’s strategic location and growing tourism industry contribute to sustained demand for air transportation, driving the need for aviation fuel.

The Nigerian aviation sector has spent $192bn in 2022 on aviation fuel alone, a report by Philips Consulting Limited said.

The supply chain for JET A1 (aviation fuel) in Nigeria involves multiple stakeholders, including refiners, importers, distributors, and end-users. Major airports, such as Murtala Muhammed International Airport in Lagos and Nnamdi Azikiwe International Airport in Abuja, serve as key hubs for fuel distribution and storage.

The Nigerian Civil Aviation Authority (NCAA) oversees aviation fuel quality standards and ensures compliance with international safety regulations, including those set by the International Civil Aviation Organization (ICAO). Stringent regulatory requirements govern the storage, handling, and transportation of JET A1 (aviation fuel) to maintain safety and quality standards.

Table of Contents

EXECUTIVE SUMMARY

1.0 Business Overview

1.1 Description of the Business
1.2 Vision and Mission Statement
1.3 Business Objective
1.4 Critical Success Factor of the Business
1.5 Current Status of Business
1.6 Description of the Business Industry
1.7 Contribution to Local and National Economy

2. Marketing Plan

2.1 Description of the Product
2.2 The Opportunity
2.3 Pricing Strategy
2.4 Target Market
2.5 Distribution and Delivery Strategy
2.6 Promotional Strategy
2.7 Competition

3. Service Plan

3.1 Description of the Location
3.2 Raw Materials
3.3 Equipment
3.4 Service / Product Cost
3.5 Stock Control Process
3.6 Pre-Operating Activities and Expenses
3.6.1 Operating Activities and Expenses
3.7Project Implementation Schedule

4.0 Organizational and Management Plan

4.1 Ownership of the Business
4.2 Profile of the Promoters
4.3 Key Management Staff
4.3.2 Management Support Units
4.4 Details of Salary Schedule

5. Financial Plan

5.1 Financial Assumption
5.2 Start Up Capital Estimation
5.3 Source of Capital
5.4 Security of Loan
5.5 Loan Repayment Plan
5.6 Profit and Loss Account
5.7 Cash Flow Analysis
5.7 Viability Analysis

6.0 Business Risk and Mitigation Factors

6.1 Business Risks
6.2 SWOT Analysis

Report Details

Report Type: Feasibility Report
Formats of Delivery: EXCEL / MS WORD
No. of Pages: Text – 48 Pages and Excel Spreadsheet – 6 Pages
Product Code: FORA/07/2024/JETA1SUPPLYBUSINESSINNIGERIA/677546
Publisher: Foraminifera Market Research
Release Date: 10/02/2024; Update Every 3- Months
Language: English
Delivery time: 24– 48hours

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