NEW DELHI: The Indian Oil Corporation (IOC) has resumed aviation fuel supply to Jet Airways after the airline assured that it will clear its dues, news agency PTI reported citing sources.
Earlier on Friday, the country’s largest commercial oil company said that it had stopped supplying fuel to Jet Airways, deepening the woes of the beleaguered carrier as it battles for survival.
The IOC halted supplies to the crisis-hit airline at noon for not meeting payments, an IOC spokesperson had said.
Jet has debts of more than $1 billion and has been forced to ground the majority of its fleet as it struggles to pay aircraft lessors and staff.
