Letters: ...and why they won't work

For all practical reasons, importing jet fuel directly is not feasible and will not benefit ailing airlines. Fuel storage and transport requires massive infrastructure facilities that a sick airline will not be able to create — for this it may ultimately have to depend on oil marketing companies (OMCs) and that will certainly prove to be expensive. Moreover, for direct imports, airlines have to pay through a line of credit. On the other hand, they are offered unlimited credit by OMCs. A couple of years ago, when cement prices were ruling high, builders were allowed direct import of cement. But they could not take advantage of it precisely because of these reasons.

 

N Ramamurthy Chennai

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