Indian Oil Corporation stops fuel supply to Jet Airways over non-payment of dues
News / Indian Oil Corporation stops fuel supply to Jet Airways over non-payment of dues
News - Indian Oil Corporation stops fuel supply to Jet Airways over non-payment of dues
Indian Oil Corporation (IOC) Friday stopped fuel supply to the struggling carrier Jet Airways for non-payment. Jet Airways, in which SBI-led consortium of lenders is set to take management control under a debt-recast plan, has drastically curtailed operations with a fleet of 26 planes. The airline, however, has not yet received the much-needed funds. Response to a query sent to Jet Airways on this issue was awaited.