Industry

Oil companies defer decision to suspend fuel supplies to Air India

An Air India Express aircraft

An Air India Express aircraft   | Photo Credit: R.M. Rajarathinam

more-in

They had earlier threatened to snap ATF supplies over payment delays

State-owned fuel retailers on Friday decided to defer their decision to suspend jet fuel supplies to Air India after the national carrier promised to make regular payments to clear outstanding dues, officials said.

The three state-owned oil companies — Indian Oil Corporation (IOC), Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) — had earlier this month threatened to snap aviation turbine fuel (ATF) supplies to Air India at six major airports over payment delays.

Officials said the decision to defer the move follows Air India making a written request for the same as also promising to make regular payments to clear over R₹5,000 crore in overdue fuel bills.

Support quality journalism - Subscribe to The Hindu Digital

Recommended for you
This article is closed for comments.
Please Email the Editor

Printable version | Nov 12, 2019 12:44:16 AM | https://www.thehindu.com/business/Industry/oil-companies-defer-decision-to-suspend-fuel-supplies-to-air-india/article29731475.ece

Next Story