The divestment plans of Air India Engineering Services Ltd (AIESL) is currently under process and will be completed soon. Speaking at a recent media event in India, the Aviation Secretary, Rajiv Bansal said that AIESL has a healthy balance sheet and once the divestment process is over, Indian aviation industry will benefit from it. The first step of roadshows of AIESL divestment is done and the second step of approval from the Group of Ministers is also completed, the process is awaiting the approval from government’s Alternative Mechanism (AM) This includes the approval of recommended price band/ floor price, method

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In