Wednesday, August 30, 2017

Bird Group interested in acquiring Air India's ground handling business

New Delhi: Aviation service provider Bird Group has shown interest to bid for Air India’s ground handling unit Air India Air Transport Services Limited (AIATSL).

A Bird Group spokesperson confirmed the development and said it has written to the ministry of civil aviation expressing interest to buy AIATSL. "We have told the government that if it decides to sell the subsidiary separately to unlock maximum value, we will bid for the ground handling unit," said a company official.

Earlier, Civil Aviation Secretary Rajiv Nayan Choubey told reporters that the group has sent an expression of interest (EoI) for the same.

Bird Group provides services such as business jet, aircraft navigation, ground handling, customer management and logistics.

Sources said that Air Works, a private maintenance repair and overhaul (MRO) company, has also shown interest to take over the ground handling business of the state-owned carrier.
India's largest airline, IndiGo, also went public about their interest to buy the airline's international business.
30/08/17 Arindam Majumdar/Business Standard