Oil cos stop fuel supplies to AI

A couple of thousand passengers of Air India were inconvenienced as state-run oil marketing companies stopped jet fuel supplies for three hours at major metros due to non-payment of dues

Written by ENS Economic Bureau | New Delhi | Published:February 3, 2012 1:07 am

A couple of thousand passengers of Air India were inconvenienced as state-run oil marketing companies stopped jet fuel supplies for three hours at major metros due to non-payment of dues.

The supply was resumed at late in the evening,after the cabinet secretary intervened to resolve the issue,said top sources.

From Delhi and Mumbai alone,around 22 flights were delayed,including 11 international.

“The oil companies stopped fuel supply at 1600 hours today owing to non-payment of dues. The airline defaulted on its 90-day credit period for clearing earlier dues,” said an official.

The airline claimed that it has settled a major portion of dues,and remaining will be cleared on Friday. The airline total dues to the three oil firms — Indian Oil,Bharat Petroleum and Hindustan Petroleum — totals Rs 4,700 crore.

For all the latest News Archive News, download Indian Express App

    Live Cricket Scores & Results
    Express Adda