Showing posts with label oil companies. Show all posts
Showing posts with label oil companies. Show all posts

Wednesday, 17 December 2014

SpiceJet: Indian airline planes 'grounded'

India's troubled airline SpiceJet has grounded flights after oil companies refused to refuel any of its planes, reports say.
The debt-ridden carrier owes money to creditors, including oil companies.
SpiceJet is India's fourth-biggest airline by market share.
On Tuesday, civil aviation authorities gave SpiceJet a reprieve when they said state-owned oil companies would be asked to give credit to the cash-strapped airline for up to 15 days.
The civil aviation ministry also said that