Indian Oil Corporation’s jet fuel business has recovered by 60 pc: Executive Director Sanjay Sahay

Panaji: Indian Oil Corporation NSE 1.99 %’s jet fuel business has recovered by 60 per cent, while the domestic sector sales are likely to touch full capacity by March, this year, a senior official has said. There was a drop in the jet fuel business following coronavirus-induced restrictions but from May 25, 2020 onwards, the aviation sector has re-started and has led to increased demand.

“By this time, it has recovered up to 60 per cent,” Sanjay Sahay, Executive Director (Aviation), Indian Oil told on Monday.