Wednesday, November 15, 2017

SATS Evinces Interest in Buying Air India's Ground Handling Unit

New Delhi: Aviation industry major SATS has evinced interest in buying Air India's ground handling unit, Civil Aviation Secretary R.N. Choubey said on Tuesday.

Choubey disclosed this on the sidelines of an event on the second round of bidding of air regional connectivity -- Udan scheme -- that aims to connect unserved and under-served airports.

SATS is said to be interested in Air India's standalone ground-handling services. The company already has a JV (joint venture) with Air India -- AISATS -- that operates out of five airports at Bengaluru, Delhi, Hyderabad, Mangaluru and Thiruvananthapuram.

Earlier, aviation industry major Bird Group and Celebi have shown similar interest in buying out the Air India Air Transport Service Ltd (AIATSL).

However, any decision to sell Air India's subsidiaries together or separately will be taken by the government, Choubey said.
14/11/17 IANS/News18.com

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