100% stake sale in AIATSL approved by Govt

100% stake sale in AIATSL approved by Govt

November 28, 2018

  • The government of India appro­ved 100% stake sale in state-owned airline Air India’s ground-handling company ‘Air India Air Transport Services Limited’ (AIATSL).
  • Proceeds from the sale of AIATSL would be used to pay off Air India’s debt.
  • AIATSL is the largest ground handling company in India and is present in almost all airports across the country.
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