You are here: Home » Companies » News
Business Standard

Swiss Aviation Consulting denies bid for debt-laden Air India assets

SAC has never expressed interest in acquiring Air India or parts of it, or has acted as a front for some other stake holder

Kanishka Singh | Reuters 

Aviation advisory firm Swiss Aviation Consulting (SAC) on Monday denied it has expressed interest in buying the debt burdened state-run carrier Air India. SAC has never expressed interest in acquiring Air India or parts of it, or has acted as a front for some other stake holder, the company told Reuters in an email. Earlier, the Economic Times newspaper quoted a senior aviation ministry official as saying that SAC has shown interest in bidding for Air India, although the report added that the Swiss company may only be scouting for clients. The advisory firm said it has not ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, April 09 2018. 20:23 IST
RECOMMENDED FOR YOU