M&A

M&A

Delhi airport operator sells 50% stake in JV to Bird Flight Services for Rs.13-Cr

Business Line  

Delhi airport operator DIAL has sold its entire 50% stake in Delhi Aviation Services Pvt Ltd (DASPL) to Bird Flight Services (India) Pvt Ltd for INR 12.79 crore. DASPL was given concession to manage the operations of bridge-mounted equipment, including ground power units, pre-conditioned air units and supply of potable water to aircraft at Terminal 3 of Indira Gandhi International Airport (IGIA) in the national capital.