Nacil, Singapore firm to set up ground-handling ventures

Business Standard, 18 Feb 2009, Press Trust Of India

In a major decision, the government has approved setting up joint venture firms by the Air India’s parent company, Nacil, and Singapore Air Terminal Services (SATS) to provide ground-handling services at major airports, including Delhi and Mumbai.

National Aviation Company of India Ltd (Nacil) and SATS would now be able to form the JV on a 50:50 basis at all these airports, according to the decision taken yesterday, an official spokesperson said here.

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