Issues with oil companies to be resolved early: Air India

An Air India spokesperson also said that there is no reason for the passengers to be concerned as it has taken steps to ensure there is no flight disruption.
Issues with oil companies to be resolved early: Air India
Issues with oil companies to be resolved early: Air India
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Air India on Sunday said that the issues regarding aviation fuel payments are being sorted out with the state-run oil companies and they would be resolved early.

The statement comes days after oil PSUs (public sector units) in a letter to the national carrier warned of ending fuel supplies at six major airports from October 18, if the latter did not the make the lumpsum payments as had been agreed upon.

The Air India spokesperson also said that there is no reason for the passengers to be concerned as it has taken steps to ensure there is no flight disruption.

"The issues with oil companies are being sorted out and would be resolved early. Meanwhile, Air India has taken all measures to ensure that flights are not disrupted and passengers are not inconvenienced at all. There is no reason whatsoever for any concern by esteemed Air India passengers," the spokesperson said.

Previously also oil marketing companies (OMC) have stopped fuel supplies to the state-run airline, as it owes around Rs 5,000 crore to them.

In August, public sector OMCs stopped fuel supply to the airline at Ranchi, Mohali, Patna, Vizag, Pune and Cochin airports, following non-payment of dues.

Ashwani Lohani, the CMD of Air India, issued a statement at the time claiming that this action by the three state-owned oil companies, Indian Oil, Hindustan Petroleum and Bharat Petroleum does not have any bearing on the airlines’ day to day operation nor the plans afoot to revive the organization.

This comes at a time when the government is inviting bids for 100% privatisation of the airline. A high-powered ministerial committee looking into the disinvestment in Air India. The committee includes has Amit Shah, the Home Minister at its helm with the Finance Minister Nirmala Sitharaman, Civil Aviation Minister Hardeep Puri and the Railways and Commerce Minister Piyush Goyal as its members. The panel has already had its first meeting and is likely to clear the expression of interest document in its next meeting to set the ball rolling.

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