Cargo Service Centre looks to buy AI ground-handling arm

Press Trust of India  |  New Delhi 

Airport services provider Cargo Service Centre has written to the expressing interest in acquiring Air India's ground-handling arm AIATSL, civil aviation secretary RN Choubey said today.

This is the third company after Turkish firm Celebi and Indian conglomerate Bird Group to show interest in buying the profit-making subsidiary of the national carrier -- Air Transport Services Limited (AIATSL).


Low-cost carrier IndiGo had earlier written to the Ministry of Civil Aviation expressing interest in international flight operations of as well as its subsidiary, Express.

"Cargo Service Centre has written to us for ground handling services of Air India," Choubey told reporters at an event here.

Cargo Service Centre provides cargo services at Delhi, and airports, according to its website.

has several subsidiaries including AIATSL, Air Charters Limited, IAL Airport Services Limited, Airline Allied Services Limited and Engineering Services Limited.

The Union Cabinet had given its in-principle approval for strategic disinvestment of and its five subsidiaries in July this year.

A group of ministers has also been constituted to work on the modalities for privatisation of the national carrier.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, September 21 2017. 20:48 IST