Hindustan Petroleum Corp (HPCL) briefly cut aviation fuel supplies to Kingfisher Airlines earlier in a dispute over payment.
State-owned HPCL said Kingfisher said money owed by the carrier had exceeded the bank guarantee it had furnished against default.
As a result, supplies were cut for ten hours, with Kingfisher placed on a cash-and-carry deal.
Supplies were resorted after ten hours after the Vijay Mallaya-owned private airline paid Rs10 crore for the fuel.
Kingfisher buys aviation turbine fuel worth some Rs6 crore per day from HPCL has a bank guarantee of Rs462 crore to cover against any default.
To access all the latest information about the world’s major airlines via one mobile platform visit Airline.City.Mobi.