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2 more firms show interest in Air India's subsidiary

Cabinet Committee on Economic Affairs had given its in-principle nod for strategic divestment of Air India and five of its subsidiaries

2 more firms show interest in Air India’s subsidiary
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Air India

Press Trust of India New Delhi
As the government works out modalities for Air India disinvestment, two more companies have expressed interest in buying the national carrier’s ground-handling operations, official sources said.
 
A group of ministers, headed by Finance Minister Arun Jaitley, on Wednesday held discussions on the stake sale modalities. It is at least the third meeting of the group so far this month.
 
Official sources said Menzies Aviation Dubai and Mumbai-headquartered diversified Livewel group have shown interest in Air India’s ground-handling operations.
 
A subsidiary of the airline, Air India Air Transport Services Ltd (AIATSL) provides ground-handling services. Earlier, aviation service provider

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