According to a report in Times of India, now the AI-Indian Airlines combine will have shell out Rs 13 crore daily to the oil companies to operate its 400 odd flights on a given day, as State-run oil companies Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL), have put Air India (AI) on cash-and-carry mode as the airline has dues of Rs 2,300 crore.. The payment for refueling weekend flights would have to be made on Friday.
An AI spokesperson confirmed the move and said attempts are being made to ensure that flights don’t get affected. However, the Ministry of Civil Aviation (MoCA) and AI insiders say the airline does not have the resources to sustain itself for long.
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