What Makes Air India’s Ground-Handling Arm More Desirable Than Airline?

Air India’s fully owned ground-handling services subsidiary Air India Air Transport Services Ltd (AIATSL) seems to be drawing more interest from potential bidders than the core airline business. At least two companies  the Delhi-based Bird group and Turkish firm Celebi Holdings  are interested in buying AIATSL, the government has announced.

What makes AIATSL so attractive to the country’s private players which, mostly, already have similar operations? The answer might lie in the scale of the Air India subsidiary’s operations. The company provides ground-handling services at 67-70 airports across India which makes it by far the most dominant player. More importantly, it has a secure and stable client in Air India, which accounts for 70 per of its revenues. Also, it controls a significant part of all ground-handling done for international airlines, including the biggies like Emirates and Singapore Airlines. Read More…

You may also read!

‘A Nuclear War May Break Out Any Moment’: North Korea

 North Korea's deputy UN ambassador warned on Monday that the situation on the Korean peninsula "has reached the touch-and-go


Shivraj Chouhan Hails Indian Army On Closing Ceremony Of Shaurya Smarak’s First Anniversary

Madhya Pradesh Chief Minister Shivraj Singh Chouhan attended the closing ceremony of Shaurya Smarak’s first anniversary. Chouhan offered flowers


Indigo To Start ATR Flights From December 21

Budget carrier IndiGo on Monday announced that it would expand its regional market by starting operations with its brand


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu