Don’t miss the latest developments in business and finance.

Oil cos stop fuel supply to Kingfisher

Image
BS Reporter Mumbai
Last Updated : Jan 21 2013 | 2:31 AM IST

Trouble continues for the ailing carrier Kingfisher Airlines as the oil-marketing companies stopped supplying fuel to the airline because their bills have not been settled.

According to TV reports, two Kingfisher Airlines flights from Mumbai to New Delhi held up for hours.

Earlier today, the airline suffered yet another blow with global airlines body International Air Transport Association (IATA) suspending it for not clearing its dues.

The carrier said payments would be made to IATA as soon as tax authorities de-froze its bank accounts.

A number of bank accounts of the beleaguered airline have been frozen by the income tax, service tax and excise and customs departments for its failure to clear dues.

Also Read

First Published: Mar 07 2012 | 9:06 PM IST

Next Story