Monday, February 26, 2007

IOC pumping up fuelling infrastructure at airports

Riding on the boom in the air traffic in the country, Indian Oil Corporation Ltd is upgrading its infrastructure facilities it has created at various airports. This is to provide better service aircraft in supplying aviation fuel as the company controls over 97 airports out of 117 in the country. Indian Oil, with a share of 65 per cent of the aviation fuel market, is the major player both in civil and defence airports thereby meeting the requirements of 21 domestic, 64 international and 250 private airlines.
Between one sunrise and the next, Indian Oil refuels 1,400 aircraft — that is, one aircraft every minute somewhere in the country — a senior official of Indian Oil told Business Line on the sidelines of the International Aviation conference in Kochi.
Given the growth in the sector, Indian Oil is upgrading its aviation operating service standards by entering into strategic tie-ups with international oil majors. Indian Oil has forged an alliance with Air BP, one of the largest aviation fuel companies in the world, for technology innovations.
26/02/07 V. Sajeev Kumar/Business Line
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