{"id":445756,"date":"2021-10-28T10:17:18","date_gmt":"2021-10-28T04:47:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=445756"},"modified":"2021-10-28T10:17:18","modified_gmt":"2021-10-28T04:47:18","slug":"four-subsidiaries-carved-out-of-air-india-transferred-to-govt-spv-taking-over-maharajas-debt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/four-subsidiaries-carved-out-of-air-india-transferred-to-govt-spv-taking-over-maharajas-debt\/","title":{"rendered":"Four subsidiaries carved out of Air India, transferred to govt SPV taking over Maharaja\u2019s debt"},"content":{"rendered":"<p>NEW DELHI: Four subsidiaries have been carved out of Air India as the Maharaja makes the final preparations to return to founder Tata Group along with AI Express.<br \/>\nThe four \u2014 AI Airport Services Ltd (AIASL), Alliance Air Aviation Ltd (AAAL), AI Engineering Services Ltd (AIESL), and Hotel Corporation of India Limited (HCI that runs Centaur in Delhi and Srinagar) \u2014 have been transferred to the SPV \u2014 Air India Assets Holding Limited (AIAHL) \u2014 at book value.<br \/>\nThe government is retaining Rs 44,679 crore of AI\u2019s debt in this SPV which will also get the subsidiaries, land and buildings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Four subsidiaries have been carved out of Air India as the Maharaja makes the final preparations to return to founder Tata Group along with AI Express. The four \u2014 AI Airport Services Ltd (AIASL), Alliance Air Aviation Ltd (AAAL), AI Engineering Services Ltd (AIESL), and Hotel Corporation of India Limited (HCI that runs Centaur in Delhi and Srinagar) \u2014 have been transferred to the SPV \u2014 Air India Assets Holding Limited (AIAHL) \u2014 at book value. The government is retaining Rs 44,679 crore of AI\u2019s debt in this SPV which will also get the subsidiaries, land and buildings.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220,130,137],"tags":[],"class_list":["post-445756","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=445756"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445756\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=445756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=445756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=445756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}