City
Epaper

Air India faces fuel supply cut, flights to get hit

By IANS | Updated: August 31, 2019 23:20 IST

Air India might end up cancelling several flights after September 6 as the state-owned fuel retailers have threatened to cut off supplies to the cash-strapped national carrier at Hyderabad and Raipur.

Open in App

"Several flights are operated out of Hyderabad, which is one of our hubs. It will not be possible for us to sustain the entire operation, if fuel supply is stopped. We might have to cancel several flights," a senior Air India official told .

Last week, state-owned oil marketing companies (OMCs), led by IndianOil, had stopped fuel supply to Air India at six Ranchi, Mohali, Patna, Vizag, Pune and Cochin airports over non-payment of dues.

The airline could operate flights from these destinations as the aircraft were pre-loaded with fuel for a round-way trip.

But it might not be the case for larger destinations, like Hyderabad and Raipur, with Air India operating over 50 flights from there.

"At present, we are making daily payments for fuel, which comes to around Rs 18 crore. But in the absence of equity support, we can't handle the huge debt service liabilities as of now," the official said.

The three OMCs in a letter to Air India said, "It's once again requested to make lump sum payments towards outstandings, including interest, at the earliest, failing which OMCs will be constrained to extend the suspension of supplies to Hyderabad and Raipur with effect from 2 p.m. of September 6."

( With inputs from IANS )

Open in App

Related Stories

EntertainmentShehnaaz Gill gives ‘desi’ twist to ‘non-desi’ cafe as she sings ‘Ae Dil Hai Mushkil’ in karaoke

EntertainmentTrailer of Nandamuri Balakrishna's 'Akhanda 2: Thandavam' promises explosive action entertainer

InternationalIndia's new playbook: How the nation moved beyond restraint to redefine deterrence

NationalKerala: Elderly NRI couple duped of Rs 1.40 crore in 'virtual arrest' cyber scam

EntertainmentAbhishek Bachchan reveals 'I Want To Talk' has taught him a lot about people & himself

कारोबार Realted Stories

BusinessIndia’s trade momentum robust, FY26 CAD to touch nearly 1 pc of GDP: SBI Research

BusinessWhere Art Meets Global Ambition: IndiTemptation Brings Indian Handcrafted Decor to the World

BusinessPiyush Goyal experiences world-class mobility tech, sustainable agriculture in Israel

BusinessIndia's trade flow stays steady amid global uncertainty: SBI Research

BusinessAVP Infracon Limited posts stellar H1 performance; Revenue jump 79%, Net profit rises 82%