Air India Gets Relief From Oil Companies
By Jay Menon jaymenon68@gmail.com .
NEW DELHI .
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In a major act of relief for struggling Air India, state-run oil marketing companies agreed to extend the airline’s credit limit by two to three months for the purchase of jet fuel, instead of requiring daily payments. “Instead of cash-and-carry, Air India will from now on make payments on the basis of this credit limit of two to three ...
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