FlySBS Aviation Signs Long-Term Jet A-1 Fuel Supply Agreement with HPCL
Why It MattersLong-term fuel supply deals built on standard industry terms let growing charter operators lock in network-wide pricing and availability as they scale fleets rather than negotiating fuel access airport by airport.
What happened
FlySBS Aviation Limited has signed a long-term aviation fuel supply agreement with Hindustan Petroleum Corporation Limited (HPCL), securing Jet A-1 fuel availability across HPCL's aviation fuelling network in India. The agreement is structured on the IATA Model Terms for Aviation Fuel Supply and administered through a Location Agreement designed to meet FlySBS's operational requirements, covering reliable fuel availability, consistent service, competitive pricing and operational coordination across HPCL's network.

R. Amba Shankar, Director and CEO of FlySBS Aviation Limited, said the agreement would enhance planning certainty and operational coordination, and support the company's future growth plans, including fleet and network expansion. Kannan Ramakrishnan, Director of FlySBS Aviation Limited, said the partnership with HPCL strengthens the company's operating framework as it continues to expand business aviation services across India. Sibi Mathew, Executive Director – Aviation at HPCL, said HPCL is pleased to support FlySBS Aviation Limited's fuel requirements across its network and looks forward to delivering safe, reliable and quality-assured fuelling services to business aviation customers.
FlySBS Aviation Limited is a Chennai-headquartered private aviation company holding a Non-Scheduled Operator Permit (NSOP) issued by the Directorate General of Civil Aviation, Government of India. The company operates a fleet of business jets for charter, corporate shuttle and VVIP travel across India and international destinations. HPCL's aviation business supplies aviation turbine fuel to airlines, defence services, business aviation operators and general aviation customers across India's airport network.
Industry impact & what to watch
This agreement fits the broader pattern of business aviation operators formalizing fuel supply through standardized frameworks like the IATA Model Terms, which reduce negotiation friction and give both sides predictable commercial terms across multiple locations rather than one-off arrangements at each airport. For an NSOP holder like FlySBS, network-wide fuel access through a single supplier agreement is a structural building block for expanding charter and shuttle operations, since fleet growth depends on knowing fuel will be available at consistent pricing wherever routes take the aircraft.
How this plays out will depend on which airports FlySBS adds to its network and whether the fleet and route expansion referenced by its CEO materializes on a stated timeline. The next indicator would be any announcement of new bases, additional aircraft, or specific routes that draw on the fuel access this agreement is meant to underpin.

















































