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 turbine fuel or ATF production, anticipating a revival in demand only by next fiscal year, said three senior executives from the companies.Aviation turbine fuel, or ATF, is used to fly aircraft.
Based on their configuration, refiners can substitute ATF with either kerosene or diesel. ATF spiked with diesel is used in automotives.“Given the lack of demand from aviation sector, we are.