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Airline Allied Services And Hotel Corporation Of India

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Sale of ground-handling arm of Air India next fiscal

 The government will start working on selling the ground-handling arm of erstwhile national carrier Air India and the Expression of Interest (EoI) is expected in the next fiscal, an official said.......

Air India likely to be handed over to the Tatas today

 The government has notified the agreement between Air India and special purpose vehicle AIAHL for the transfer of non-core assets, ahead of the national airline's takeover by the Tata Group. The......

With Air India, Tatas get a stake in Kerala's Cochin airport

 As the Tata group inches closer to taking over Air India in January 2022, the $242-billion conglomerate will also inherit a stake in Kerala’s Cochin airport. The Tatas would become the only......

What happens to Air India's Rs 16,000 cr unpaid bills?

 The government will transfer about Rs 16,000 crore of unpaid fuel bills and other pending dues that Air India owes to suppliers, to a special purpose vehicle before handing over the loss-making......

Govt extends time for bidders to pose queries on Air India sale

 After its unsuccessful bid to sell Air India in 2018, the government this time has decided to offload its entire stake. The government has extended the time till March 6 for bidders to pose......

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