Panaji: Indian Oil Corporation's jet fuel business has recovered by 60 per cent, while the domestic sector sales are likely to touch full capacity by March, this year, a senior official has said. There was a drop in the jet fuel business following coronavirus-induced restrictions but from May 25, 2020 onwards, the aviation sector has re-started and has led to increased demand.
"By this time, it has recovered up to 60 per cent," Sanjay Sahay, Executive Director (Aviation), Indian Oil told on Monday.
With COVID-19 vaccine optimism, more recovery will come, Sahay noted.
05/01/21 PTI/Economic Times
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