Air India is eyeing a partnership with Germany-based Lufthansa Technik and French-Dutch Air France-KLM’s engineering unit to bid for Air India Engineering Services Ltd (AIESL), a report by The Economic Times (ET) said.
AIESL is the maintenance, repair and operations company which caters largely to Air India’s fleet. It was an arm of Air India when the airline was owned by the Centre. Now that Air India has gone to the Tata Group, AIESL is owned by the government, which has aimed to put it up for sale. AIESL is necessary for Air India to ensure its fleet is smoothly run.