ISLAMABAD: Pakistan State Oil partially suspended fuel supply to the national flag carrier Pakistan International Airlines on Thursday.
A source within PSO informed Geo News that despite promises, payments were not being received from PIA, adding that supply was not completely stopped to ensure that passengers do not face difficulties.
According to reports, PIA's debt with Pakistan State Oil is increasing by Rs 35 million per day, with total outstanding payments hovering around Rs 16 billion.
The problem of defaulting on payments stems back many years. In January, PSO had suspended fuel supply to PIA over the same issue, while in October 2016 PSO had complained - after suspending supply - that PIA was paying Shell International Company in advance for fuel it was going to consume but when it came to PSO the attitude was different.
from GEO TV - Pakistan http://ift.tt/2iqo5TP
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