State-owned oil companies on Friday decided to defer snapping fuel supplies to Air India after the national carrier promised to adhere to the schedule of clearing past outstanding dues, officials said. Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) had on October 5 written to Air India that they will stop supplying aviation turbine fuel (ATF) to its aircraft at six major airports from October 18 if it didn’t honour its payment commitments.
“It (Air India) has made a request not to stop supplies and promised to make regular payments. In view of their commitment, we have decided to defer the decision to terminate supplies,” an official at one of the fuel retailers said.
