Air India one step closer to asset monetisation plan

Discussion in 'Politics & Regional' started by sportz, Nov 6, 2012.

  1. sportz

    sportz Active Member Member

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    Cash-strapped Air India’s asset restructuring plan is ready to take off as the airline is close to appointing a global property consultant to help it raise over Rs 5,000 crore by selling and leasing its prime properties in India and as well three in Tokyo and London.
    According to various media reports, the airline has zeroed in on property consulting firm Jones Lang LaSalle as it has reportedly quoted the lowest fee for its services among the other two bidders DTZ and Cushman and Wakefield to advise the airline on the sale process. ( from first post)

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