Aviation

Air India to put overseas assets on the block

DELHI

Air India is considering selling off its properties in foreign destinations like Hong Kong, Nairobi and Mauritius as part of asset monetisation to garner resources.

The national carrier has started approaching Indian banks and public sector undertakings for disposal of these properties including floorspace in prime locations, airline officials said.

They said the Indian High Commissions at these places have also been approached to help the airline find suitable buyers for the assets.

Full report here Indian Express

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