OMCs switch to diesel as ATF demand falters
MUMBAI : India’s three state-owned refiners have changed their refining configurations, replacing aviation turbine fuel with diesel in a reflection of the troubles faced by the airlines industry. With airlines flying at a third of their capacity, Indian Oil Corp. Ltd, Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL) have cut aviation…