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Oil companies defer decision to suspend fuel supplies to Air India

The decision to defer the move follows Air India making a written request for regular payments with a promise to clear over Rs 5,000 crore in overdue fuel bills. Oil firms had earlier threatened to suspend fuel supply to AI at six airports.

PTI|
Updated: Oct 18, 2019, 11.14 AM IST
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Agencies
Air-India---Agencies
Oil firms had earlier threatened to suspend fuel supply to Air India at six major airports.
NEW DELHI: 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 Rs 5,000 crore in overdue fuel bills.

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