Business   

AI to hive off ground handling

By Our Special Correspondent

NEW DELHI JAN. 11. The Air India Board today cleared a proposal to hive off the airline's ground handling services into a company.

At its meeting, the carrier decided to create a company to provide the services to other airlines at competitive rates while improving the quality.

Following the board's clearance, the airline would now take clearances on legal and financial processes involved.

At present, Indian Airlines and Air India provide ground handling services to various carriers, including foreign airlines at Indian airports.

Both the airlines between them earn about Rs. 400 crores by providing these ground handling services at various airports.

The separation of ground handling services would help Air India to become leaner and improve its aircraft-employee ratio, which is about 650 to 700 employees to an aircraft.

Printer friendly page  
Send this article to Friends by E-Mail

Business

News: Front Page | National | Southern States | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts: Classifieds | Employment | Obituary |

Stories in this Section

• Forex reserves at $70.75b
• Oil and gas production set to increase manifold
• Rebound in tech stocks likely
• AI to hive off ground handling
• Maruti relaxes sale terms for used cars

Copyright © 2003, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu