Oil refiners stop supplies to Air India at six airports
MUMBAI: State-run oil refiners have stopped fuel supplies to Air India at six airports in the country on payment defaults.
The airports are Kochi, Patna, Vizag, Pune, Ranchi and Mohali.
An Air India spokesperson confirmed the move by oil refiners.
“In the absence of equity support, Air India cannot handle the huge debt service liabilities,” he said, adding however that its financial health is improving and it’s moving towards a “healthy operating profit,”.
The refiners had on July 15 threatened to stop supplies at six airports but didn’t make the move after an intervention from aviation ministry officials.
