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IOC resumes supply of ATF to Jet Airways

06 Apr 2019 Evaluate

Indian Oil Corporation (IOC) has resumed supply of aviation turbine fuel (ATF) to Jet Airways following assurance of payments by the airline. Earlier, Jet Airways faced operational disruptions across major airports when IOC refused to refuel its planes without clearing the outstanding amount.

IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.

Peers
Company Name CMP
Reliance Industries 1186.10
Indian Oil Corpn. 130.70
Bharat PetroleumCorp 296.50
HPCL 343.10
MRPL 172.60
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