The government will reportedly start working on selling the ground handling arm of erstwhile national carrier Air India, and the notice inviting expressions of interest is expected in the next fiscal year (2023-24). Currently, four Air India subsidiaries – Air India Air Transport Services, Airline Allied Services/Alliance Air, Air India Engineering Services and Hotel Corporation of India Limited – are with Air India Assets Holding Limited, which is a special purpose vehicle (SPV) set up in 2019 for holding the non-core assets and debt of Air India.
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