{"id":268308,"date":"2019-04-06T06:27:55","date_gmt":"2019-04-06T06:27:55","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=268308"},"modified":"2019-04-06T06:27:55","modified_gmt":"2019-04-06T06:27:55","slug":"indian-oil-cuts-fuel-supply-to-cash-strapped-jet-airways-resumes-later","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-oil-cuts-fuel-supply-to-cash-strapped-jet-airways-resumes-later\/","title":{"rendered":"Indian Oil cuts fuel supply to cash-strapped Jet Airways, resumes later"},"content":{"rendered":"<p>Indian Oil Corporation (IOC), the country&#8217;s largest refiner, stopped fuel supplies to cash-strapped Jet Airways on Friday afternoon, grounding its operations for three hours. The supply was resumed after the airline gave an assurance on settling dues.<\/p>\n<p>Jet has been operating a truncated schedule with over 100 daily flights and this has resulted in depleting ticket sales. The release of lesser-than-assured interim funding from banks has increased the financial strain, and the airline has cash to manage operations only for a few days.<\/p>\n<p>\u201cFuel supply to the airline was stopped briefly in the early part of afternoon but was later resumed after an assurance from the airline over payments,\u201d said a person who did not wish to be identified. It is not clear for how long will the resumed supply continue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Oil Corporation (IOC), the country&#8217;s largest refiner, stopped fuel supplies to cash-strapped Jet Airways on Friday afternoon, grounding its operations for three hours. The supply was resumed after the airline gave an assurance on settling dues. Jet has been operating a truncated schedule with over 100 daily flights and this has resulted in depleting ticket sales. The release of lesser-than-assured interim funding from banks has increased the financial strain, and the airline has cash to manage operations only for a few days. \u201cFuel supply to the airline was stopped briefly in the early part of afternoon but was later [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-268308","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=268308"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268308\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=268308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=268308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=268308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}